“The Economic Commitment of Climate Change” wasn’t merely “a fatally flawed paper,” says Roger Pielke Jr., environmental studies professor, “but a flawed paper that had taken on outsized influence in climate advocacy and policy.”
- The authors predicted that climate change would cost $38 trillion a year by 2049, estimating “that the world economy is committed to an income reduction of 19% within the next 26 years, regardless of how rapidly humanity now cuts emissions,” says Carbon Brief...
- The authors further claimed to see clearly enough into the future to project “the global gross domestic product would be lowered by 62% by 2100.”...
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