4 papers
Social Cost of Greenhouse Gases -- OPTiMEM and the Heat Conjecture(s)
Brian P. Hanley, Pieter Tans, Edward A. G. Schuur +2
Despite well-meaning scenarios that propose global CO2 emissions will decline presented in every IPCC report since 1988, the trend of global CO2 increase continues without signific…
A new monetary metric is found in the thermodynamic relation between energy and GDP
Brian P. Hanley
A robust thermodynamic relation between inflation corrected monetary valuation and energy emerges from existing work. This is based on the energy used, the aggregate efficiency of…
A Bridge Between Climate Science and Economics: OPTiMEM and the Heat Conjecture for Estimation of Social Cost of Greenhouse Gases
Brian Hanley, Pieter Tans, Edward A. G. Schuur +3
We present an entirely new physics founded approach to estimating the social cost of carbon (SCC). For this, we developed our Ocean-Heat-Content Physics and Time Macro Economic Mod…
Cancellation of principal in banking: Four radical ideas emerge from deep examination of double entry bookkeeping in banking
Brian P. Hanley
Four radical ideas are presented. First, that the rationale for cancellation of principal can be modified in modern banking. Second, that non-cancellation of loan principal upon pa…