NYU Researcher: Carbon Taxes Need to Be Higher to Avoid Climate Change’s Worst Effects
A tax on carbon emissions should start drastically higher than traditional climate change models suggest, according to a study published last week by NYU [Tandon] and Columbia University faculty. … There are hundreds of models to predict the effects of climate change already, but Wagner’s EZ-Climate model, used in the study, is meant to be easier to use than others. The model pairs decades-old risk analysis tools and uncertainty, with climate modeling techniques. It was partially coded by three Tandon School of Engineering graduate students, who sought to make it easier to use.