
Blessed are they that have not seen the model, and yet have believed - The Dismal Science
Eric Crampton • Mar 02, 2021 •
The Climate Change Commission’s recommendations span the breadth of the economy. They are required to come up with sector-by-sector climate budgets consistent with getting New Zealand with net zero emissions under the Zero Carbon Act. The sector-by-sector budgets rest on underlying models. The models build predictions about what will happen as ETS prices rise, and what will happen when some … Read More