Daily Archives: 16 December 2020

Economic impacts of a glacial period: a thought experiment to assess the disconnect between econometrics and climate sciences

After discussing the weaknesses of the aggregated statistical approach to estimate economic damage, we conclude that, if these functions cannot reasonably be trusted for such a large cooling, they should not be considered to provide relevant information on potential damage in the case of a warming of similar magnitude, as projected in the case of unabated greenhouse gases.