Abstract Nobel Memorial Prize winner William Nordhaus and others have proposed a
climate club as the ultimate climate-mitigation measure. Meanwhile, the European Union …

The present study examines the assumptions, modeling structure, and results of DICE-2023,
the revised Dynamic Integrated Model of Climate and the Economy (DICE), updated to 2023 …

Abstract Under the UN Paris Agreement, countries committed to limiting global warming to
well below 2° C and to actively pursue a 1.5° C limit. Yet, according to the 2018 Economics …

A rapid and sustained reduction of methane emissions has been proposed recently as a key
strategy to meet the climate targets of the Paris Agreement. The social cost of methane …

Urban flooding poses danger to people and places. People can adapt to this risk by moving
to safer areas or by investing in private self-protection. Places can offset some of the risk …

A quarter of the total increase in emissions is attributable to the growth of emissions per
capita, whereas three‐quarters are due to population growth. This evidence …

We first review the way in which Hasselmann's paradigm, introduced in 1976 and recently
honored with the Nobel Prize, can, like many key innovations in complexity science, be …

Climate change, a familiar term today, is far more than just global warming due to
atmospheric greenhouse gases including CO2. In order to understand the nature of climate …

To date, environmental economists have been very engaged with questions surrounding
climate change while interest from mainstream economics has been moderate. Economists …

This paper begins with a tribute to William Nordhaus, focusing on the two questions that
have motivated his life's work. The first is by how much carbon dioxide emissions should be …