相关论文: Switching Economics for Physics and the Carbon Pri…

Integrated Assessment Models (IAMs) of the climate and economy aim to analyze the impact and efficacy of policies that aim to control climate change, such as carbon taxes and subsidies. A major characteristic of IAMs is that their…

Social cost of carbon (SCC) is estimated by integrated assessment models (IAM) and is widely used by government agencies to value climate policy impacts. While there is an ongoing debate about obtained numerical estimates and related…

Integrated Assessment Models (IAMs) are pivotal tools that synthesize knowledge from climate science, economics, and policy to evaluate the interactions between human activities and the climate system. They serve as essential instruments…

Integrated assessment models (IAMs) are valuable tools that consider the interactions between socioeconomic systems and the climate system. Decision-makers and policy analysts employ IAMs to calculate the marginalized monetary cost of…

Integrated assessment models (IAMs) are a central tool for the quantitative analysis of climate change mitigation strategies. However, due to their global, cross-sectoral and centennial scope, IAMs cannot explicitly represent the…

Climate change poses an existential threat, necessitating effective climate policies to enact impactful change. Decisions in this domain are incredibly complex, involving conflicting entities and evidence. In the last decades, policymakers…

We present a critical analysis of the simulation framework RICE-N, an integrated assessment model (IAM) for evaluating the impacts of climate change on the economy. We identify key issues with RICE-N, including action masking and irrelevant…

Damage functions in integrated assessment models (IAMs) map changes in climate to economic impacts and form the basis for most of estimates of the social cost of carbon. Implicit in these functions lies an unwarranted assumption that…

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…

Tackling climate change requires the rapid and deep decarbonization of electric power systems. While energy management systems (EMSs) play a central role in this transition, conventional EMSs focus mainly on economic efficiency and often…

The mitigation of climate change requires a fundamental transition of the energy system. Affordability, reliability and the reduction of greenhouse gas emissions constitute central but often conflicting targets for this energy transition.…

We developed an emulator for Integrated Assessment Models (emIAM) based on a marginal abatement cost (MAC) curve approach. Using the output of IAMs in the ENGAGE Scenario Explorer and the GET model, we derived a large set of MAC curves: ten…

We build a novel stochastic dynamic regional integrated assessment model (IAM) of the climate and economic system including a number of important climate science elements that are missing in most IAMs. These elements are spatial heat…

The growing urgency of the climate crisis has driven the implementation of diverse policy instruments to mitigate greenhouse gas (GHG) emissions. Among them, carbon pricing mechanisms such as carbon taxes and emissions trading systems…

While Generative AI stands to be one of the fastest adopted technologies ever, studies have made evident that the usage of Large Language Models (LLMs) puts significant burden on energy grids and our environment. It may prove a hindrance to…

As machine learning (ML) continues its rapid expansion, the environmental cost of model training and inference has become a critical societal concern. Existing benchmarks overwhelmingly focus on standard performance metrics such as…

This paper outlines a critical gap in the assessment methodology used to estimate the macroeconomic costs and benefits of climate policy. It shows that the vast majority of models used for assessing climate policy use assumptions about the…

Climate change is a major global challenge today. To assess how policies may lead to mitigation, economists have developed Integrated Assessment Models, however, most of the equilibrium based models have faced heavy critiques. Agent-based…

Addressing climate change requires coordinated policy efforts of nations worldwide. These efforts are informed by scientific reports, which rely in part on Integrated Assessment Models (IAMs), prominent tools used to assess the economic…

This paper explores how the modelling of energy systems may lead to undue closure of alternatives by generating an excess of certainty around some of the possible policy options. We exemplify the problem with two cases: first, the…