Articles | Volume 10, issue 4
https://doi.org/10.5194/esd-10-741-2019
© Author(s) 2019. This work is distributed under
the Creative Commons Attribution 4.0 License.
the Creative Commons Attribution 4.0 License.
https://doi.org/10.5194/esd-10-741-2019
© Author(s) 2019. This work is distributed under
the Creative Commons Attribution 4.0 License.
the Creative Commons Attribution 4.0 License.
The economically optimal warming limit of the planet
Falko Ueckerdt
Potsdam Institute for Climate Impact Research (PIK), Member of the Leibniz Association, P.O. Box 60 12 03, Potsdam, Germany
Katja Frieler
CORRESPONDING AUTHOR
Potsdam Institute for Climate Impact Research (PIK), Member of the Leibniz Association, P.O. Box 60 12 03, Potsdam, Germany
Stefan Lange
Potsdam Institute for Climate Impact Research (PIK), Member of the Leibniz Association, P.O. Box 60 12 03, Potsdam, Germany
Leonie Wenz
Potsdam Institute for Climate Impact Research (PIK), Member of the Leibniz Association, P.O. Box 60 12 03, Potsdam, Germany
Mercator Research Institute on Global Commons and Climate Change,
Berlin, Germany
Department of Agricultural and Resource Economics, University of
California, Berkeley, CA, USA
Gunnar Luderer
Potsdam Institute for Climate Impact Research (PIK), Member of the Leibniz Association, P.O. Box 60 12 03, Potsdam, Germany
Anders Levermann
Potsdam Institute for Climate Impact Research (PIK), Member of the Leibniz Association, P.O. Box 60 12 03, Potsdam, Germany
Lamont-Doherty Earth Observatory, Columbia University, New York, NY, USA
Institute of Physics, Potsdam University, Potsdam, Germany
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16 citations as recorded by crossref.
- Identifying key processes and sectors in the interaction between climate and socio-economic systems: a review toward integrating Earth–human systems K. Tachiiri et al. 10.1186/s40645-021-00418-7
- On the optimality of 2°C targets and a decomposition of uncertainty K. van der Wijst et al. 10.1038/s41467-021-22826-5
- Economic disparity among generations under the Paris Agreement H. Yang & S. Suh 10.1038/s41467-021-25520-8
- Paris Climate Agreement passes the cost-benefit test N. Glanemann et al. 10.1038/s41467-019-13961-1
- Heat stress, labor productivity, and economic impacts: analysis of climate change impacts using two-way coupled modeling K. Matsumoto et al. 10.1088/2515-7620/ac3e14
- Exploring Narratives on Negative Emissions Technologies in the Post-Paris Era D. Otto et al. 10.3389/fclim.2021.684135
- The impact of climate conditions on economic production. Evidence from a global panel of regions M. Kalkuhl & L. Wenz 10.1016/j.jeem.2020.102360
- From optimal to robust climate strategies: expanding integrated assessment model ensembles to manage economic, social, and environmental objectives L. Ferrari et al. 10.1088/1748-9326/ac843b
- Day-to-day temperature variability reduces economic growth M. Kotz et al. 10.1038/s41558-020-00985-5
- The shocks of climate change on economic growth in developing economies: Evidence from Iran Z. Farajzadeh et al. 10.1016/j.jclepro.2022.133687
- Approximate calculations of the net economic impact of global warming mitigation targets under heightened damage estimates P. Brown et al. 10.1371/journal.pone.0239520
- Economic damages from on-going climate change imply deeper near-term emission cuts A. Schultes et al. 10.1088/1748-9326/ac27ce
- Climate Change Impact on Economic Growth: Regional Climate Policy under Cooperation and Noncooperation Y. Cai et al. 10.1086/722274
- Justice considerations in climate research C. Zimm et al. 10.1038/s41558-023-01869-0
- A Satisficing Framework for Environmental Policy Under Model Uncertainty S. Athanasoglou et al. 10.1007/s10666-021-09761-x
- The economic commitment of climate change M. Kotz et al. 10.1038/s41586-024-07219-0
16 citations as recorded by crossref.
- Identifying key processes and sectors in the interaction between climate and socio-economic systems: a review toward integrating Earth–human systems K. Tachiiri et al. 10.1186/s40645-021-00418-7
- On the optimality of 2°C targets and a decomposition of uncertainty K. van der Wijst et al. 10.1038/s41467-021-22826-5
- Economic disparity among generations under the Paris Agreement H. Yang & S. Suh 10.1038/s41467-021-25520-8
- Paris Climate Agreement passes the cost-benefit test N. Glanemann et al. 10.1038/s41467-019-13961-1
- Heat stress, labor productivity, and economic impacts: analysis of climate change impacts using two-way coupled modeling K. Matsumoto et al. 10.1088/2515-7620/ac3e14
- Exploring Narratives on Negative Emissions Technologies in the Post-Paris Era D. Otto et al. 10.3389/fclim.2021.684135
- The impact of climate conditions on economic production. Evidence from a global panel of regions M. Kalkuhl & L. Wenz 10.1016/j.jeem.2020.102360
- From optimal to robust climate strategies: expanding integrated assessment model ensembles to manage economic, social, and environmental objectives L. Ferrari et al. 10.1088/1748-9326/ac843b
- Day-to-day temperature variability reduces economic growth M. Kotz et al. 10.1038/s41558-020-00985-5
- The shocks of climate change on economic growth in developing economies: Evidence from Iran Z. Farajzadeh et al. 10.1016/j.jclepro.2022.133687
- Approximate calculations of the net economic impact of global warming mitigation targets under heightened damage estimates P. Brown et al. 10.1371/journal.pone.0239520
- Economic damages from on-going climate change imply deeper near-term emission cuts A. Schultes et al. 10.1088/1748-9326/ac27ce
- Climate Change Impact on Economic Growth: Regional Climate Policy under Cooperation and Noncooperation Y. Cai et al. 10.1086/722274
- Justice considerations in climate research C. Zimm et al. 10.1038/s41558-023-01869-0
- A Satisficing Framework for Environmental Policy Under Model Uncertainty S. Athanasoglou et al. 10.1007/s10666-021-09761-x
- The economic commitment of climate change M. Kotz et al. 10.1038/s41586-024-07219-0
Latest update: 22 Nov 2024
Short summary
We compute the global mean temperature increase at which the costs from climate-change damages and climate-change mitigation are minimal. This temperature is computed robustly around 2 degrees of global warming across a wide range of normative assumptions on the valuation of future welfare and inequality aversion.
We compute the global mean temperature increase at which the costs from climate-change damages...
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