What do most integrated assessment models assume about “limits to growth” from t

Question

What do most integrated assessment models assume about “limits to growth” from the finite nature of the Earth?

Any limits that exist are unlikely to greatly impact economic growth in the near future; if those limits do slow growth a lot, then it would be optimal to do more now to reduce climate change Any limits that exist are unlikely to greatly impact economic growth in the near future; if those limits do slow growth a lot, then it would be optimal to do less now to reduce climate change Limits actually exist and are highly likely to greatly slow economic growth in the near future, so the models are telling us to do more than we really should to slow climate change

Limits actually exist and are highly likely to greatly slow economic growth in the near future, but the models are still telling us to do the right amount to slow climate change

Limits actually exist and are highly likely to greatly accelerate economic growth in the near future, so the models are telling us to do too little to slow climate change

Explanation / Answer

Solution: Limits actually exist and are highly likely to greatly accelerate economic growth in the near future, so the models are telling us to do too little to slow climate change

Explanation: The integrated assessment models states that economy has been growing more-or-less exponentially recently, and makes an assumption that exponential growth continues well into the future

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