Gernot Wagner on Nostr: In fact, in Dietz et al, we use one of the higher damage estimates out there (Burke ...
In fact, in Dietz et al, we use one of the higher damage estimates out there (Burke et al), which has GDP at 5°C collapse by ~50% (with a huge range from ~25-75%).
Yes, Fig 5c of our paper shows tipping points to increase damages by an additional ~1.4%. https://gwagner.com/tipping-economics
That, of course, isn't the full story.
At 6°C, GDP has already collapsed. There's only so much tipping points could add.
And yeah, there's a book where that came from: https://climateshock.org
Yes, Fig 5c of our paper shows tipping points to increase damages by an additional ~1.4%. https://gwagner.com/tipping-economics
That, of course, isn't the full story.
At 6°C, GDP has already collapsed. There's only so much tipping points could add.
And yeah, there's a book where that came from: https://climateshock.org