Averting Systemic Collapse

Steve Keen
ZOE. Institute for future-fit economies, 2019

Level: beginner

Perspectives:	Ecological Economics, Neoclassical Economics
Topic:	Crises, Reflection of Economics, Resources, Environment & Climate
Format:	Lecture / Presentation
Duration:	00:15:10
Link:	https://www.youtube.com/watch?v=pGI0R1w_Xws

What data is used in the economic models of the IPCC? How problematic is it, that tipping points are often ignored?

This is Prof. Steve Keen's presentation "Flawed Approaches (and a New Approach) to Environmental Challenges" at the OECD Conference "Averting Systemic Collapse" in Paris on September 18th, 2019.

In his presentation, he strongly criticizes William Nordhaus's climate model and integrated assessment models (IAMs) used in IPCC reports, showing how problematic ignoring tipping points can be in such models and damage functions.

Go to: Averting Systemic Collapse