Nicola Botta of PIK Potsdam, Germany, and colleagues have developed a new method for assessing how much decisions matter in situations in which the consequences of such decisions are highly uncertain. Applying the method to a stylized greenhouse-gas emission problem reveals that opting for an early transition to a decarbonized society is rational even when the probability of actually realizing such a transition is very low.
Click here for original story, Going for an immediate transition to a green economy pays off, even if such a transition is very unlikely to happen
Source: Phys.org