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| Type | Conference Presentation |
| Scope | Discipline-based scholarship |
| Title | Optimal Policy in a World with Interacting Climate Tipping Points |
| Organization Unit | |
| Authors |
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| Presentation Type | speech |
| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
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| Event Title | European Association of Environmental and Resource Economists 21st Annual Conference |
| Event Type | conference |
| Event Location | Helsinki |
| Event Start Date | June 24 - 2015 |
| Event End Date | June 27 - 2015 |
| Abstract Text | Global warming might push elements of the climate system past tipping points, leading to irreversible impacts. Most analyses of the costs of climate change only allow for simple and scientifically unrealistic representations of climate tipping points, ignoring their differences with respect to likelihood, transitional timescales, and impacts. Furthermore, there are multiple tipping points that interact. In the worst-case scenario, tipping one element could trigger a cascade of others. We incorporate a multidimensional system of climate tipping points into the stochastic integrated assessment model DSICE to study the optimal management of such an interacting system and the risks it poses. |
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