INTELWAR BLUF: The economic approach to climate change, as defined by economist William Nordhaus, is under scrutiny due to its perceived disregard of potential catastrophic effects beyond GDP loss. Strong criticism from peers suggests the need for revisiting and redefining this climate-related economic methodology.
OSINT: William Nordhaus, an esteemed economist, pioneered the economic modelling of climate change impacts. But his ideas, widely accepted and implemented by global agencies, are facing harsh critique for seeming to underplay the devastating potential effects of climate change. Nordhaus’s model primarily bases potential loss on the shrinking GDP and does not fully consider the real-world