Climate costs lowest if warming is limited to 2 degrees Celsius

Using computer simulations of a model by U.S. Nobel Laureate William Nordhaus, researchers have weighted climate damage from increasing weather extremes, decreasing labor productivity and other factors against the costs ...

New tool calculates economic costs of methane leak detection

A new "virtual gas field simulator" developed by Stanford scientists aims to help companies and government agencies weigh the economic costs and benefits of different methane leak detection technologies and pick the best ...

Interactive tool lifts veil on the cost of nuclear energy

Despite the ever-changing landscape of energy economics, subject to the influence of new technologies and geopolitics, a new tool promises to root discussions about the cost of nuclear energy in hard evidence rather than ...

Fisheries-induced evolution adds a bonus to good management

A new study published online by the Proceedings of the National Academy of Sciences (PNAS) is the first to determine whether genetic changes resulting from fishing pressure have any significant economic effects for the case ...

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