What's wrong with climate change economics?
MARCH 14, 2012
As I wrote, Nordhaus’s blunt piece — “ Why the Global Warming Skeptics Are Wrong ” – is worth reading because, like most mainstream climate economists, he is no climate hawk. A key reason for that, I believe, is a chronic low-balling of future temperature rise and hence future climate impacts and hence future climate damages by the mainstream economic profession. delete rant about economists ignoring more recent climate science].