Quantifying Economic Damages from Climate Change

Maximillian Auffhammer discusses how economists calculate the social cost of carbon and provides an overview of the past and currently used estimates. Auffhammer then discusses the calibration and estimation of economic damage functions, which map weather patterns transformed by climate change into economic benefits and damages. Image courtesy of Maximillian Auffhammer.

Image courtesy of interviewee

Leave a Reply

Your email address will not be published.

Guest visitors to the Faculti website can view any insight monthly. You have insight(s) remaining for this month

Register for free as an individual and view thousands of insights in our archive today or subscribe for subject access.

You may already have institutional access to Faculti. Please access Faculti using your institution credentials.

Copyright © Faculti Media Limited 2022. All rights reserved.

Add the Faculti Web App to your Mobile or Desktop homescreen