@F_Errickson

Researcher on climate science + economics / @AAAS_STPF Fellow at @StateDept / @Princeton postdoc / @ERGBerkeley PhD / Husky-Enthusiast

bsky.app/profile/ferrickson.bsky.social
Joined May 2019
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We have a new paper from a multi-year, multi-disciplinary effort lead by @PrincetonSPIA, @UCBerkeley, and @rff out in @Nature that estimates the Social Cost of Carbon (SCC) as $185, more than 3x larger than current U.S. federal estimate. Read the paper: nature.com/articles/s41586-0…

Comprehensive evidence implies a higher social cost of CO2

Nature - Coupling advances in socioeconomic projections, climate models, damage functions and discounting methods yields an estimate of the social cost of carbon of US$185 per tonne of...

nature.com
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New(ish) paper out in Lancet Planetary Health. TLDR: Limiting warming to 2°C could avoid ~13.5 million premature air pollution deaths by 2050. More equitable burden sharing lowers costs for LMICs but shifts some near-term health benefits away from them. thelancet.com/journals/langl…

Global climate justice and the future of air quality co-benefits in low-income and middle-income...

Justice-centred climate mitigation strategies must ensure that LMICs do not miss an opportunity to realise transformative reductions in air pollution.

thelancet.com
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The least-cost climate mitigation scenario is not always the one that maximises global wellbeing. When benefits to lower-income countries are given greater weight, the preferred mitigation scenario shifts from least-cost to an equitable allocation of mitigation effort.
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We have a paper out in @ScienceMagazine today showing how new guidelines allowing for income weighting in federal cost-benefit analysis would affect the social cost of carbon. Main takeaway, the SC-CO2 increases nearly 8x to ~$1300/ton. @rff @ERGBerkeley science.org/doi/10.1126/scie…

Equity weighting increases the social cost of carbon

New government guidelines could transform benefit-cost analysis of US climate policy

science.org
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The intuition behind this: an extra $ contributes less to your wellbeing as you get richer. Income (or equity) weighting captures this by placing greater weight on climate impacts affecting the poor. Since these impacts & global incomes are highly unequal, we get a higher SC-CO2.
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🆕 New article in the Winter 2024 volume of @ReepAere: "Inequality Aversion for Climate Policy" by Stellio Del Campo (@StDelCampo), David Anthoff (@davidanthoff), and Ulrike Kornek Read it here (open access!): journals.uchicago.edu/doi/10…
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Registrations to become a GAIN mentor are now open! GAIN mentors are assigned to help guide a mentee one-on-one through the entire graduate application cycle in economics or related fields. ➡️ Register here: bit.ly/GAINMentors 🗓️ Deadline: April 21st Please share widely!
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Frank Errickson retweeted
Wei Peng@WeiPeng_Pton22 Feb 2024
How to better represent institutions in sustainability models? Check our new @PNASNews paper that compares: - integrated assessment model (led by me) - engineering-economic optimization (@east_winds ) - agent-based model (@TanjaFilatova) A thread: pnas.org/doi/10.1073/pnas.22…

Simulating institutional heterogeneity in sustainability science | PNAS

Sustainability outcomes are influenced by the laws and configurations of natural and engineered systems as well as activities in socio-economic sys...

pnas.org
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Frank Errickson retweeted
Stellio Del Campo@StDelCampo8 Feb 2024
🚨 New publication 🚨 "Inequality Aversion for Climate Policy," w. @davidanthoff and U. Kornek in the @ReepAere! 📰 We review & synthesize estimates of inequality aversion for climate modeling. @MCC_Berlin @uni_lu @UCBerkeley @kieluni journals.uchicago.edu/doi/10…

Inequality Aversion for Climate Policy | Review of Environmental Economics and Policy: Vol 18, No 1

AbstractA sizable body of literature on climate economics uses the notion of inequality aversion. This is the idea that a society will give up some personal benefits or economic efficiency to achieve...

journals.uchicago.edu
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New publication alert!📜 Racial/ethnic and socioeconomic characteristics influenced counties’ changes in air pollution emissions in the 40 years following the Clean Air Act. @NatureComms @ColumbiaMSPH nature.com/articles/s41467-0…

An environmental justice analysis of air pollution emissions in the United States from 1970 to 2010

Nature Communications - Here the authors find socioeconomic and racial/ethnic disparities in county-level air pollution emissions reductions in the 40 years following the Clean Air Act (1970-2010)...

nature.com
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Frank Errickson retweeted
Shonali Pachauri@shonali_p8 Jan 2024
How can justice considerations be more fully incorporated into climate scenarios? See our new publication on a novel framework enabling a more holistic and multidimensional investigation of justice - nature.com/articles/s41558-0…
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Really cool/creative science linking octopus (octopi?) genetics and evidence of a past collapse of the West Antarctic Ice Sheet.
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What unfolds when ecosystems shift across national borders due to climate change? Thrilled to share our latest paper in @nature, which delves into the consequences of these climate-driven biome migrations on human well-being. nature.com/articles/s41586-0… A thread 🧵

Unequal climate impacts on global values of natural capital

Nature - Country-level changes in economic production and the value of non-market ecosystem benefits show unequal impacts on the global values of natural capital resulting from...

nature.com
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14 million years…
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Frank Errickson retweeted
Frances Moore@ClimateFran4 Dec 2023
In the final rule, EPA finds net benefits of $97 billion, driven largely by the climate. To me, this both highlights the importance of continuing to improve our ability to quantify climate damages, and the potential for more ambitious climate policy to deliver social net benefits
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Frank Errickson retweeted
Noah Kaufman@noahqk2 Dec 2023
Is this the first time positive net monetized benefits of a federal regulation hinge on the climate benefits?
Noah Kaufman@noahqk2 Dec 2023
Along with the methane rule EPA appears to have finalized its social cost of carbon estimates, with no changes to the #s compared to the draft released last May. And I don't still an endorsement from the interagency group, so this is EPA only. epa.gov/system/files/documen…
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Pretty wild to have contributed a (small) piece to this major change in US climate policy. Not possible without an amazing, interdisciplinary team of dedicated researchers! “Biden Administration Unleashes Powerful Regulatory Tool Aimed at Climate” nytimes.com/2023/12/02/clima…

Biden Administration Unleashes Powerful Regulatory Tool Aimed at Climate (Gift Article)

Its new estimate of the economic impact of climate change could create the legal justification for aggressive new regulations.

nytimes.com
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“This is an enormous victory — this rocks. It’s awesome!” said Michael Greenstone… “It brings the U.S. government to the frontier of climate science and economics, after we had fallen behind”
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“But Mandy Gunasekara, who served as chief of staff of the E.P.A. in the Trump administration, said that given the research and analysis underpinning the new number, it could be difficult for a new administration to easily reduce it.”
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