This paper considers the role of integrated assessment models (IAMs) in the construction of climate policy. We focus on questions involving the role of IAMs in estimating the social cost of carbon (SCC), how best to handle the considerable scientific uncertainty underlying the IAMs from the perspective of estimating the SCC, and whether an IAM‐based SCC should be abandoned and replaced by expert judgment or another substitute…
Étiqueté : Integrated Assessment Model
This paper reviews recent evidence on the potential impacts of climate change on energy demand for space heating in residential and commercial buildings.
The authors give an overview of the literature on uncertainty in integrated assessment models of climate change and identify some future research needs.