Economic Consensus Favors Climate Action

The Institute for Policy Integrity disputes a draft U.S. Department of Energy (DOE) report titled “A Critical Review of Impacts of Greenhouse Gas Emissions on the U.S. Climate,” which claims that climate impacts are too small to justify aggressive abatement. The Institute asserts that surveys of economic experts actually show a broad consensus that significant mitigation is warranted and that climate change will cause significant damage, including limited economic growth and increased mortality.

• A draft report from the U.S. Department of Energy (DOE) titled “A Critical Review of Impacts of Greenhouse Gas Emissions on the U.S. Climate” claims that economists generally believe climate change impacts "are too small to justify aggressive abatement policy" and that mitigation "would be worse than doing nothing" because of the associated costs.
• The Institute for Policy Integrity contends that the DOE draft report distorts the literature, stating that surveys of economic experts actually reveal a broad consensus that significant mitigation is warranted and increasing concern regarding climate change.
• Economic evidence indicates that climate change will result in significant damages, such as increased mortality and limited economic growth, and that many emission-reduction technologies are cost-effective relative to these damages.

APA

Schwartz, P. H. M. S. J. (2025). Economic Consensus Favors Climate Action. Institute for Policy Integrity. https://policyintegrity.org/publications/detail/economic-consensus-favors-climate-action

Chicago

Schwartz, Peter Howard, Max Sarinsky, Jason. Economic Consensus Favors Climate Action. Institute for Policy Integrity, 2025. https://policyintegrity.org/publications/detail/economic-consensus-favors-climate-action.

Wikipedia

{{cite press release |last1=Schwartz |first1=Peter Howard, Max Sarinsky, Jason |title=Economic Consensus Favors Climate Action |publisher=Institute for Policy Integrity |date=19 September 2025 |url=https://policyintegrity.org/publications/detail/economic-consensus-favors-climate-action |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{schwartz2025economic, author = {Schwartz, Peter Howard, Max Sarinsky, Jason}, title = {{Economic Consensus Favors Climate Action}}, publisher = {Institute for Policy Integrity}, year = {2025}, month = sep, url = {https://policyintegrity.org/publications/detail/economic-consensus-favors-climate-action}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }