3 papers
econ.TH2026
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…
econ.TH2026
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…
econ.GN2025
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…