From: glevy@PRATT.EDU
Date: Mon Oct 23 2006 - 21:07:33 EDT
----- Original Message ----- From: GDAE announce Sent: Monday, October 23, 2006 3:51 PM Subject: Costs of Climate Change: new reports by GDAE researchers New Reports on the Costs of Climate Change Available on the Global Development and Environment Institute (GDAE) Web Site "Climate Change - The Costs of Inaction," by Frank Ackerman and Liz Stanton, report released with Friends of the Earth UK, October 13, 2006. This new report demonstrates that the cost of allowing global temperatures to increase by two degrees or more above pre-industrial levels will run into trillions of dollars, while the environmental and social costs will be incalculable. It was produced by GDAE researchers Frank Ackerman and Liz Stanton for The Big Ask, Friends of the Earth's climate campaign in the UK. The report, which brings together the latest scientific and economic thinking on climate change, highlights the enormous costs that would result if Governments fail to act to keep temperature increases below two degrees. This report received considerable press coverage by major papers in the UK, and around the world including the Mirror, Guardian, Independent, ABC News, Reuters, AOL, Yahoo, PlanetArk, New Zealand Herald, and others. Download the "Costs of Inaction" report and press coverage online at: <http://www.ase.tufts.edu/gdae/policy_research/CostsofInaction.html> GDAE's other recently released reports on climate change include: "The Economics of Inaction on Climate Change: A Sensitivity Analysis," by Frank Ackerman and Ian Finlayson; GDAE Working Paper 06-07. October, 2006. Forthcoming in Climate Policy 6(3). This article highlights the sensitivity of the widely-used DICE climate model to three debatable assumptions, involving the discount rate, the assumed benefits of moderate warming, and the treatment of the latest climate science. It concludes that the optimal climate policy is the introduction of a much higher and rapidly rising price per unit of carbon than what has been recommended in previous economic studies. "Can Climate Change Save Lives? A comment on 'Economy-wide estimates of the implications of climate change: Human health'," by Frank Ackerman and Liz Stanton; GDAE Working Paper 06-05. September, 2006. This article critiques a recently published prediction that the first stages of global warming will, on balance, save a large number of lives. It finds that this prediction is based on several mistaken or misleading assumptions, and that climate change will very likely increase mortality worldwide. Download these reports and read more about GDAE's work on the Economics of Climate Change online at: <http://www.ase.tufts.edu/gdae/policy_research/ClimateChange.htm>
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