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Roger Caiazza's avatar

I wish I had this information when I was preparing comments for New York's value of carbon guidance (https://wp.me/p8hgeb-yo).

I will use this in the future though - thanks.

One question:

Does the fraction of total damages occurring from 2100 to 2300 change using a different discount rate?

Roger Caiazza

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Andrew Roman's avatar

The US is certainly not the only country on the planet emitting CO2. It emits around 13% of the planetary total. In making estimates for future centuries what assumptions must be made about what courses of action will be taken by each or all of the countries representing the remaining 87%, for decades from now? And on what empirical basis can one such assumption determined to be a better forecast of the future than another?

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