Word: nordhaus
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Dates: during 2010-2019
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William D. Nordhaus, Sterling Professor of Economics at Yale University, whose DICE (Dynamic Integrated model of Climate and the Economy) is among the three considered in EPA's calculations, points to the difficulty of coming up with accurate figures while climate science is still evolving. "It's a slow process," he says, noting that while there is documentation on rising sea levels, there are little data on such factors as methane release from melting permafrost, the impacts of ocean acidification, and the timing of the potential disintegration of the West Antarctic Ice Sheet. "We as social scientists can't [offer...
...Given the lack of a viable timeline for climate impacts - plus the likely hurdles of implementing a sharp reduction plan - Nordhaus, among others, has advocated a reduction in emissions that starts gradually, then increases over time. Others, such as the authors of the Arctic study, point to the environmental, and ultimately financial, burden of not lowering emissions in a timely...