Testing the Dismal Theorem

Abstract

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A Meta-Analysis of the Total Economic Impact of Climate Change

“…Ackerman and Stanton (2012), Bosetti et al (2007), Gunasekera et al (2008), Manne and Richels (2005), Tol (2013), Weitzman (2012) do not present new estimates of the total impact of climate change. Anthoff and Tol (2022) count over 200 papers that estimate the social cost of carbon, each of which has at least one estimate of the total impact of climate change-but very few of these papers present new estimates of the total impact. It is not clear why Howard and Sterner (2017) included 6 of these papers but not the other 140 or so that were published before 2017.…”

A Meta-Analysis of the Total Economic Impact of Climate Change

“…The number of estimates beyond 3.2 • C of warming has increased tenfold. As there is a non-negligible chance of large warming, the previous paucity of evidence allowed for speculation about the expected impact of climate change (Weitzman, 2009;Anthoff and Tol, 2022).…”

“…Ackerman and Stanton (2012), Bosetti et al (2007), Gunasekera et al (2008), Manne and Richels (2005), Tol (2013), Weitzman (2012) do not present new estimates of the total impact of climate change. Anthoff and Tol (2022) count over 200 papers that estimate the social cost of carbon, each of which has at least one estimate of the total impact of climate change-but very few of these papers present new estimates of the total impact. It is not clear why Howard and Sterner (2017) included 6 of these papers but not the other 140 or so that were published before 2017.…”

A meta-analysis of the total economic impact of climate change

“…Ackerman and Stanton (2012), Bosetti et al (2007), Gunasekera et al (2008), Manne and Richels (2005), Tol (2013), Weitzman (2012) do not present new estimates of the total impact of climate change, focus instead on the social cost of carbon. Anthoff and Tol (2022) count over 200 papers that estimate the social cost of carbon, each of which has at least one estimate of the total impact of climate change-but very few of these papers present new estimates of the total impact. It is not clear why Howard and Sterner (2017) included 6 of these papers but not the other 194 or so.…”