ClimatologyThe economics of climate change entails an enormous array of uncertainties, complicating each the analysis and development of local weather coverage. This study presents the results of the first complete study of uncertainty in climate change utilizing a number of integrated assessment fashions. The examine looks at model and parametric uncertainties for population, total factor productiveness, and climate sensitivity. It estimates the pdfs of key output variables, including CO2 concentrations, temperature, damages, and the social value of carbon (SCC). One key finding is that parametric uncertainty is extra essential than uncertainty in model construction. Our ensuing pdfs also provide insights on tail events.

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