Counting only the hits? The risk of underestimating the costs of stringent climate policy: A letter

M. Tavoni, R.S.J. Tol

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Abstract

This paper warns against the risk of underestimating the costs-and the uncertainty about the costs-of achieving stringent stabilization targets. We argue that a straightforward review of integrated assessment models results produces biased estimates for the more ambitious climate objectives such as those compatible with the 2°C of the European Union and the G8. The magnitude and range of estimates are significantly reduced because only the most optimistic results are reported for such targets. We suggest a procedure that addresses this partiality. The results show highly variable costs for the most ambitious scenarios. © 2010 The Author(s).
Original languageEnglish
Pages (from-to)769-778
JournalClimatic Change
Volume100
Issue number3
DOIs
Publication statusPublished - 2010

Bibliographical note

Export Date: 24 November 2010 Source: Scopus

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