mick,
@mick@cosocial.ca avatar

TIL: The IPCC integrated assessment models are based on an economic model that seems fatally flawed.

Response to the is based on the assumption that we can overshoot the 1.5 - 2 C warming limit and ride out 2.7 to 3.5 C of warming while the global economy "optimizes.”

The model assumes (among other incredibly daft things) that about 90% of GDP will be unaffected by climate change - because it happens indoors. 🤯

https://theintercept.com/2023/10/29/william-nordhaus-climate-economics/

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