Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/50088 
Year of Publication: 
2009
Series/Report no.: 
ESRI Working Paper No. 324
Publisher: 
The Economic and Social Research Institute (ESRI), Dublin
Abstract: 
This paper warns against the risk of underestimating the costs -and the uncertainty about the costs- of achieving stringent stabilization targets. We argue that a straightforward review of integrated assessment models results produces biased estimates for the more ambitious climate objectives such as those compatible with the 2 °C of the European Union and the G8. The magnitude and range of estimates are significantly reduced because only the most optimistic results are reported for such targets. We suggest a procedure that addresses this partiality. The results show highly variable costs for the most difficult scenarios.
Document Type: 
Working Paper

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