Posted inOpinion

Calibrating the Science and Economics Of Climate Policy

In deliberations over actions to stabilize atmospheric concentrations of greenhouse gases, policymakers have yet to build in an evaluation process with data and tools to address the following questions: Is it working; is the climate getting healthier; and, at what price? The answers matter because stabilizing concentrations takes more than a fiscal year. It will take decades, necessitating periodic, science-based assessment to ascertain, in fact, whether climate is improving. And subsequent actions will need balancing against their costs.

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