Thursday, April 8, 2010

Krugman on Climate Change Economics

Paul Krugman has an article on climate change economics in the New York Times Magazine. He agrees with Weitzmann that we should think about avoiding catastrophic impacts rather than trying to finesse a standard cost-benefit analysis based on the expected impacts and argues that CGE models that find the cost of mitigation to be low are probably overstating the costs.

No comments:

Post a Comment