China’s Carbon Emissions Report 2015

China’s carbon emissions from fossil fuel burning and cement production were 8.50 Gt CO2 in 2012, making it the country with the largest emissions in the world. China’s carbon emissions were only 5.46 Mt CO2 in 1950, thus the total emissions increased more than 100-folds during those 60 years. Such a growth rate...

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The Role of Integrated Assessment Models in Climate Policy: A User’s Guide and Assessment

Greenhouse gas emissions are a textbook case of a global externality. The starting point for any policy to address this market failure is an assessment of the monetized social marginal damages from emissions – the net damages arising from one additional ton of emissions in any given year. The classic prescription for an...

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Assessing Vulnerability to Global Environmental Risks

The last several years have witnessed a significant evolution in what society wants to know about global environmental risks such as climate change, ozone depletion, and biodiversity loss. Until recently, most scientific assessments of such risks focused on the anatomy of conceivable environmental changes themselves, while devoting relatively little attention...

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