CLIMATE SHOCK The Economic Consequences of a Hotter Planet Gernot Wagner Martin L. Weitzman Princeton: Princeton University Press, 2015 |
Rating: 4.5 High |
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ISBN-13 978-0-691-15947-8 | ||||
ISBN-10 0-691-15947-5 | 250pp. | HC/GSI | $27.95 |
Page 45: | "Unfortunately, HFCs are a hundred to over 10,000 times as potent as carbon dioxide when it comes to global warming. Good thing we only use it in small quantities..." |
Number error: S/B "them". |
Page 53: | "Figure 3.2 doesn't seem to support the authors' conclusion of a greater than 10% chance of temperatures exceeding 6°C." |
Probably they mean to integrate the area under the curve to the right of the vertical line at 6°. This should be mentioned in the text, and indicated by shading that region of the graph. |
Page 55: | "That looks like the manifestation of a fat tail, if there ever was one (even though strictly speaking we don't even assume that property in our calculations; our tail is 'heavy,' not quite 'fat' in statistical terms).." |
If this distinction is important enough to mention, it is important enough to explain. |
Page 99: | "As a result, we fly too much and saddle society with enormous costs: seven billion times $40, to be exact." |
Straw man: Assumes everyone on Earth uses commercial air travel, which is absurd. |
Page 105: | "Instead of white surfaces radiating the sun's rays back into space, darker waters and surfaces tend to absorb it..." |
Number error: S/B "them". Also, "sun" should be capitalized. |
Page 143: | "You have $1 billion under management to invest in such a world." |
I do? I never knew I was among the 0.1%. But seriously, this enormous amount is never justified. |