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Estimated median income loss or gain per person by 2050 due to climate change, compared to a scenario with no climate impacts (red colour indicates a loss, blue colour a gain). [1] An economic analysis of climate change uses economic tools and models to calculate the magnitude and distribution of damages caused by climate change.
In 2004, the geologist and historian of science Naomi Oreskes analyzed the abstracts of 928 scientific papers on "global climate change" published between 1993 and 2003. 75% had either explicitly expressed support for the scientific consensus on anthropogenic climate change, or had accepted it as a given and were focused on evaluating its ...
Publicity over the concerns of scientists about the implications of global warming led to increasing public and political interest, and the Reagan administration, concerned in part about the political impact of scientific findings, successfully lobbied for the 1988 formation of the Intergovernmental Panel on Climate Change to produce reports subject to detailed approval by government delegates ...
The Stern Review on the Economics of Climate Change is a 700-page report released for the Government of the United Kingdom on 30 October 2006 by economist Nicholas Stern, chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics (LSE) and also chair of the Centre for Climate Change Economics and Policy (CCCEP) at Leeds University and LSE.
The Dynamic Integrated Climate-Economy model, referred to as the DICE model or Dice model, is a neoclassical integrated assessment model developed by 2018 Nobel Laureate William Nordhaus that integrates in the neoclassical economics, carbon cycle, climate science, and estimated impacts allowing the weighing of subjectively guessed costs and subjectively guessed benefits of taking steps to slow ...
The following are climate myths presented in the paper: Climate change is a problem that must be solved – "Rather than being a discrete problem to be solved. Climate change is better understood as a persistent condition that must be coped with and can only be partially managed more – or less – well.
Like many other discussions of global climate change, the majority of Pacala and Socolow's wedges focus on improvements in energy efficiency. A couple address limiting consumption, and none consider population reduction. [2] Yet economic and demographic growth have been identified as fundamental drivers of global climate change. [19]
Climate change can also be used more broadly to include changes to the climate that have happened throughout Earth's history. [32] Global warming—used as early as 1975 [33] —became the more popular term after NASA climate scientist James Hansen used it in his 1988 testimony in the U.S. Senate. [34] Since the 2000s, climate change has ...