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Related papers: The climate in climate economics

200 papers

We present an entirely new physics founded approach to estimating the social cost of carbon (SCC). For this, we developed our Ocean-Heat-Content Physics and Time Macro Economic Model (OPTiMEM) to estimate future heat content (separately…

Theoretical Economics · Economics 2026-02-27 Brian Hanley , Pieter Tans , Edward A. G. Schuur , Geoffrey Gardiner , Steve Keen , Adam Smith

Climate models are generally calibrated manually by comparing selected climate statistics, such as the global top-of-atmosphere energy balance, to observations. The manual tuning only targets a limited subset of observational data and…

Atmospheric and Oceanic Physics · Physics 2022-04-06 Michael F. Howland , Oliver R. A. Dunbar , Tapio Schneider

The application of models to assess the risk of the physical impacts of weather and climate and their subsequent consequences for society and business is of the utmost importance in our changing climate. The operation of such models is…

Distributed, Parallel, and Cluster Computing · Computer Science 2022-09-28 Blair Edwards , Paolo Fraccaro , Nikola Stoyanov , Nelson Bore , Julian Kuehnert , Kommy Weldemariam , Anne Jones

Climate mitigation decisions today affect future generations, raising questions of intergenerational equity. Integrated assessment models (IAMs) rely on discounting to evaluate long-term policy costs and benefits. Using the DICE model, we…

Mathematical Finance · Quantitative Finance 2025-08-14 Christian P. Fries , Lennart Quante

Earth System Models (ESMs) are essential tools for understanding the impact of human actions on Earth's climate. One key application of these models is studying extreme weather events, such as heat waves or dry spells, which have…

Atmospheric and Oceanic Physics · Physics 2023-04-25 Seth Bassetti , Brian Hutchinson , Claudia Tebaldi , Ben Kravitz

Most state-of-the-art approaches for weather and climate modeling are based on physics-informed numerical models of the atmosphere. These approaches aim to model the non-linear dynamics and complex interactions between multiple variables,…

Machine Learning · Computer Science 2023-12-19 Tung Nguyen , Johannes Brandstetter , Ashish Kapoor , Jayesh K. Gupta , Aditya Grover

Accurately forecasting the weather is a key requirement for climate change mitigation. Data-driven methods offer the ability to make more accurate forecasts, but lack interpretability and can be expensive to train and deploy if models are…

Atmospheric and Oceanic Physics · Physics 2020-12-02 Dominic J. Skinner , Romit Maulik

Cloud-related parameterizations remain a leading source of uncertainty in climate projections. Although machine learning holds promise for Earth system models (ESMs), many data-driven parameterizations lack interpretability, physical…

Atmospheric and Oceanic Physics · Physics 2025-11-25 Arthur Grundner , Tom Beucler , Julien Savre , Axel Lauer , Manuel Schlund , Veronika Eyring

Models of complex dynamical systems like the Earth's climate often involve large numbers of uncertain parameters. Comprehensive exploration of the parameter space is typically prohibitive due to excessive computational costs. Systematic…

Atmospheric and Oceanic Physics · Physics 2026-03-27 Daniel Pals , Sebastian Bathiany , Richard Wood , Joel Kuettel , Niklas Boers

It has been argued persuasively that, in order to evaluate climate models, the probability distributions of model output need to be compared to the corresponding empirical distributions of observed data. Distance measures between…

Methodology · Statistics 2013-07-17 Thordis L. Thorarinsdottir , Tilmann Gneiting , Nadine Gissibl

As our submission for track three of the AI for Global Climate Cooperation (AI4GCC) competition, we propose a negotiation protocol for use in the RICE-N climate-economic simulation. Our proposal seeks to address the challenges of carbon…

Computers and Society · Computer Science 2023-08-07 Phillip Wozny , Bram Renting , Robert Loftin , Claudia Wieners , Erman Acar

Climate Change is an incredibly complicated problem that humanity faces. When many variables interact with each other, it can be difficult for humans to grasp the causes and effects of the very large-scale problem of climate change. The…

Machine Learning · Computer Science 2022-12-01 Theodore Wolf

One of the most used metrics to gauge the effects of climate change is the equilibrium climate sensitivity, defined as the long-term (equilibrium) temperature increase resulting from instantaneous doubling of atmospheric CO$_2$. Since…

Atmospheric and Oceanic Physics · Physics 2021-02-04 Robbin Bastiaansen , Henk A. Dijkstra , Anna S. von der Heydt

We propose a statistical emulator for a climate-economy deterministic integrated assessment model ensemble, based on a functional regression framework. Inference on the unknown parameters is carried out through a mixed effects hierarchical…

Methodology · Statistics 2022-09-14 Luca Aiello , Matteo Fontana , Alessandra Guglielmi

We assess empirical models in climate econometrics using modern statistical learning techniques. Existing approaches are prone to outliers, ignore sample dependencies, and lack principled model selection. To address these issues, we…

Applications · Statistics 2025-05-26 Christof Schötz , Jan Hassel , Christian Otto

Modeling weather and climate is an essential endeavor to understand the near- and long-term impacts of climate change, as well as inform technology and policymaking for adaptation and mitigation efforts. In recent years, there has been a…

Machine Learning · Computer Science 2023-07-06 Tung Nguyen , Jason Jewik , Hritik Bansal , Prakhar Sharma , Aditya Grover

Comprehensive global cooperation is essential to limit global temperature increases while continuing economic development, e.g., reducing severe inequality or achieving long-term economic growth. Achieving long-term cooperation on climate…

Machine Learning · Computer Science 2022-08-16 Tianyu Zhang , Andrew Williams , Soham Phade , Sunil Srinivasa , Yang Zhang , Prateek Gupta , Yoshua Bengio , Stephan Zheng

When the climate system is forced, e.g. by emission of greenhouse gases, it responds on multiple time scales. As temperatures rise, feedback processes might intensify or weaken. Current methods to analyze feedback strength, however, do not…

Atmospheric and Oceanic Physics · Physics 2021-11-03 Robbin Bastiaansen , Henk A. Dijkstra , Anna S. von der Heydt

Models of coupled human-environment systems often face a tradeoff between realism and tractability. Spectrum opinion models, where social preferences vary continuously, offer descriptive richness but are computationally demanding and…

Physics and Society · Physics 2025-09-30 Yazdan Babazadeh Maghsoodlo , Madhur Anand , Chris T. Bauch

Physics-based Earth system models (ESMs) are essential for attributing climate change and generating scenario projections, yet their reliance on high-resolution numerical integration makes multi-decadal experiments expensive. In parallel,…

Atmospheric and Oceanic Physics · Physics 2026-03-18 Hira Saleem , Flora Salim , Cormac Purcell