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Record W4392659218 · doi:10.5194/egusphere-egu24-16863

Long-Term Legacy of Climate Overshoot on Economic Productivity: An Emulator-Based Modeling Approach

2024· preprint· en· W4392659218 on OpenAlexaff
Carl‐Friedrich Schleussner, Sarah Schöngart, Moritz Schwartz, Jonas Schwaab, Felix Pretis

Bibliographic record

Venuenot available
Typepreprint
Languageen
FieldEconomics, Econometrics and Finance
TopicClimate Change Policy and Economics
Canadian institutionsUniversity of Victoria
Fundersnot available
KeywordsOvershoot (microwave communication)Term (time)ProductivityEconomic modelEconomicsNatural resource economicsEnvironmental scienceEconometricsComputer scienceMacroeconomicsPhysicsTelecommunications

Abstract

fetched live from OpenAlex

Most climate change mitigation scenarios aimed at limiting end-of-century warming to 1.5°C involve overshoots, that is they temporarily exceed 1.5°C of warming. Despite the prevalence of overshoot pathways, their effects on economic productivity have not been systematically assessed yet. Furthermore, existing assessments of future economic risks do not systematically explore the full spectrum of physically plausible outcomes under given emission pathways and thereby run the risk of underestimating high-end risks. In this study, we rely on coupled climate model emulators representing the full physical climate uncertainty chain to assess the GDP per capita growth under a range of policy relevant emission scenarios, seven of which are characterized by overshoot. Using the emulators FaIR and MESMER, the emission scenarios were translated into a large ensemble of spatially resolved annual temperatures that captures both model uncertainty and natural variability on both global and local scales. Building on standard approaches to empirically estimate the effect of temperature on GDP per capita growth, we incorporate parametric uncertainties in the economic response and link these empirical estimates with the overshoot scenarios. The resulting dataset allows for the examination of local and regional impacts (and associated uncertainties) of overshoot scenarios on economic productivity, including the timing and magnitude of temperature threshold exceedance. We find a legacy of overshoot in future GDP gains way beyond the end of the temperature overshoot. We also report heavy tailed risks of economic damages when considering the full range of plausible physical outcomes. Under all but the most stringent scenarios there is a non-negligible risk for near-stalling of 21st century per capita growth for particularly vulnerable countries. We find that near-term warming rates (2020-2040) play a pivotal role in shaping future GDP per capita gains. Across overshoot scenarios, by 2100 GDP per capita levels are lower with rising warming rates, while the magnitude of the GDP per capita gain is linked to the extent of the overshoot. Our results highlight the critical importance of near-term emission reductions to limit economic risks posed by climate change over the 21st century. A temperature overshoot poses substantial risks of a long-term legacy of economic damages for decades to come.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.003
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.021
Threshold uncertainty score0.043

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.003
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0010.001
Science and technology studies0.0000.001
Scholarly communication0.0020.002
Open science0.0010.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.157
GPT teacher head0.301
Teacher spread0.144 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2024
Admission routes1
Has abstractyes

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