For economists interested in climate change, some news. The long awaited regional version of Bill Nordhaus' DICE model is now out. (Actually it’s been out since February, but I just got to it...) It’s called RICE with the ‘R’ standing for Regional. A quick overview of some of the key results can be downloaded here.
Nordhaus is one of the earliest and most prominent climate modelers in the economics profession. He and Nicholas Stern are often set up as the two book ends of the climate change economists’ spectrum. I believe their differences are not that great.