Economic impacts of tipping points in the climate system
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Open Access
- 16 August 2021
- journal article
- research article
- Published by National Academy of Sciences in Proceedings of the National Academy of Sciences
- Vol. 118 (34)
Abstract
Significance: Tipping points in the climate system are one of the principal reasons for concern about climate change. Climate economists have only recently begun incorporating them in economic models. We synthesize this emerging literature and provide unified, geophysically realistic estimates of the economic impacts of eight climate tipping points with an emphasis on the social cost of carbon, a key policy input.Keywords
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