Must-Read: Robert Pindyck: The Use and Misuse of Models for Climate Policy: “Integrated assessment models (IAMs) have flaws that make them close to useless… …as tools for policy analysis… create a perception of knowledge and precision that is illusory, and can fool policy-makers into thinking that the forecasts the models generate have some kind of … Continue reading Must-Read: Robert Pindyck: The Use and Misuse of Models for Climate Policy