Risk Analysis

This year’s American Geophysical Union (AGU) Fall Meeting will be held online, making it one of the world’s largest virtual scientific conferences ever. Held December 1-17 (with most scientific programming taking place December 7-11) and presenting more than 1,000 hours of content, AGU20 will feature live and pre-recorded oral presentations and virtual posters from leading Earth and space science researchers. The conference theme is “Shape the Future of Science."

Thirteen researchers and affiliates of the MIT Joint Program on the Science and Policy of Global Change plan to deliver or contribute to eight oral and poster presentations at the American Geophysical Union (AGU) 2019 Fall Meeting on December 9-13 at the Moscone Center in San Francisco. The largest Earth and space science conference in the world, the AGU Fall Meeting provides a platform for new research and emerging trends in more than 25 disciplines, including global environmental change.

Abstract: The economics of climate change involves a vast array of uncertainties, complicating our understanding of climate change. This study explores uncertainty in baseline trajectories using multiple integrated assessment models commonly used in climate policy development. The study examines model and parametric uncertainties for population, total factor productivity, and climate sensitivity. It estimates the probability distributions of key output variables, including CO2 concentrations, temperature, damages, and social cost of carbon (SCC). One key finding is that parametric uncertainty is more important than uncertainty in model structure. Our resulting distributions provide a useful input into climate policy discussions.

The future of the Earth’s energy, water and land resources will depend, in part, on how the climate will change in coming decades. To generate meaningful projections of global climate change, one must take into account two major sources of uncertainty—first, in the level of external forcings to the climate system; and second, in the magnitude of the climate system’s response to those forcings.

The future of the Earth’s energy, water and land resources will depend, in part, on how the climate will change in coming decades. To generate meaningful projections of global climate change, one must take into account two major sources of uncertainty—first, in the level of external forcings to the climate system; and second, in the magnitude of the climate system’s response to those forcings. The MIT Earth System Model (MESM) provides the flexibility and computational speed required to analyze/account for climate system uncertainty while also representing the detailed physics, chemistry and biology that’s typical of more computationally intensive Earth system models—all at significantly less cost. 

The computational efficiency of this model allows researchers to run large ensembles of simulations for robust uncertainty quantification within a short time frame. The MESM thus provides an effective tool for modeling the climate system and quantifying uncertainty of its response to external forcings. MESM simulations can be used as a basis for climate risk assessment to energy, water and land resources.

Recently upgraded, the MESM consists of three main components—land, ocean and atmosphere—and represents the processes that shape each component’s evolution and the interactions among these components, essentially serving as an Earth simulator. Despite simplifications made in the model to make it faster and cheaper to run, such as a zonally averaged atmospheric sub-model, the MESM shows generally comparable results to those of more complex models. Comparing the performance of the MESM with that of more computationally intensive Earth system models, researchers at the MIT Joint Program on the Science and Policy of Global Change and collaborating institutions show that the MESM effectively simulates changes in the observed climate system since the mid-19th century as well as the main features of the present-day climate system. In simulations of the impact of varying levels of external forcings on the climate system, the MESM’s results also compares favorably with those produced by more computationally intensive models.

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