Tony_Harding

Assistant Professor @Georgia Tech studying environment and climate economics

[Tony_Harding @TonyHardingEcon]

The implications are even stronger for the distribution of climate impacts. By the end of the century, without convergence, climate damages increase inter-country income inequality by over 100%. With convergence, it increases by just 8%.

[Tony_Harding @TonyHardingEcon]

New Publication: We highlight the role of convergence in projections of climate damages, showing it moderates both the level and distribution of climate change impacts. https://t.co/YRlFU0dfqA

[Tony_Harding @TonyHardingEcon]

Further, accounting for convergence in projections flips the relationship between climate damages and temperature from concave to convex.

[Tony_Harding @TonyHardingEcon]

[5/5] Of course, this is just a first estimate! In Table 2, we outline the limitations of our study and indicate the potential direction of any bias. Think we missed something? We’d love your feedback! Feel free to respond below with your thoughts.

[Tony_Harding @TonyHardingEcon]

[1/5]🚨New working paper!🚨 Curious about AI's effect on energy and climate? New research with @juanmorenocruz quantifies AI’s environmental impact for the first time and offers key insights for sustainable tech policies! You can read the paper here: https://t.co/UfEntbY7xe

[Tony_Harding @TonyHardingEcon]

[4/5] Productivity gains from AI translate into increased energy use and emissions. Of course no two industries are alike. They vary in exposure to AI and energy and carbon intensity of production. Thus, some sectors see no impact while others increase energy use by up to 12 PJ.

[Wilfried Rickels @wilmwilmsen]

New paper: We develop the concept of climate wealth borrowing and calibrate an IAM to quantify the cost of historical CO2 emissions since the year 1950, joint with Martin Quaas @idiv and Felix Meier @kielinstitute https://t.co/JkfPXwuCax

[Pascal Polonik @PascalPolonik]

Our new paper about Air Quality Equity in US Climate Policy is out today in @PNASNews!
The figure highlights the pervasiveness of national and state-level air pollution disparities. But can climate policy change this pattern?
See🧵below or paper here: https://t.co/rNP4eGlHiv

[Wilfried Rickels @wilmwilmsen]

Empirical validation of integrated assessment models (IAMs) for climate change mitigation requires an estimation strategy that is consistent with the underlying growth model of the IAMs. @kielinstitute @idiv @Harvard

[Tony_Harding @TonyHardingEcon]

The spread of growth rates in 2100 is much lower with our new model!

[Tony_Harding @TonyHardingEcon]

🚨🚨New Working Paper Alert 🚨🚨

Climate damages in convergence-consistent growth projections
With @jmorenocruz @wilmwilmsen Martin Quaas and Sjak Smulders.
https://t.co/jBVX1SGEub

[Tony_Harding @TonyHardingEcon]

Incorporating convergence effects also reduce the inequalities in country-level climate damages. Climate damages become convex in changes from pre-industrial, which is more in line with expectations.