The stated goal of the Paris Climate Agreement, a temperature target of 2^oC or
less, will result in abatement costs that will be greater than the damage cost at the
margin.

Question

The stated goal of the Paris Climate Agreement, a temperature target of 2^oC or less, will result in abatement costs that will be greater than the damage cost at the margin.

Quizplus · Accepted Answer

According to the Stern Review on the Economics of Climate Change, abatement costs that result from achieving a temperature target of 2°C or less will be much lower than the damage costs that would result from unmitigated climate change. Therefore, the statement is false.

The Stated Goal of the Paris Climate Agreement, a Temperature