Industry News Archive

Two major studies on the costs of climate change released | Print |
Researchers at SEI and GDAE  have just released two major studies on the costs of climate change.

“The Cost of Climate Change: What We’ll Pay if Global Warming Continues Unchecked” is a study of the costs of inaction for the U.S. economy by Frank Ackerman and Elizabeth A. Stanton.  Commissioned by the Natural Resource Defense Council (NRDC), this report presents both a detailed analysis of four major categories of climate costs, and comprehensive modeling of climate impacts on the economy as a whole.

The executive summary and the full text of the report are both available through SEI and GDAE [from NRDC ].

Two supporting technical reports are available for download:

Climate Change and the U.S. Economy: The Costs of Inaction , by the same authors, presents a more technical version of the analysis, which forms the basis for the NRDC report and presents additional explanation and documentation.

US climate change impacts from the PAGE2002 integrated assessment model used in the Stern report, by Chris Hope and Stephan Alberth, presents additional detail on the PAGE model and the modifications made for this report, along with sensitivity analyses.