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Why is the US so energy intensive?: evidence from US multinationals in the UK

Martin, Ralf - London School of Economics (LSE) - 2009

At present the USA is - in per capita terms - the top greenhouse gas polluter among the world’s major economies. This is mirrored by the high energy intensity of all sectors of the US economy including manufacturing industries. A potential explanation for the higher energy intensity is lower...

Persistent link: https://www.econbiz.de/10010744908

Environmental policy and the economic downturn

Bowen, Alex; Stern, Nicholas - London School of Economics (LSE) - 2010

This paper considers how environmental policies should respond to macroeconomic downturns. It first explores the implications of the global economic downturn of 2008-09 for environmental policies, focusing in particular on the example of action against climate change. The arguments for and...

Persistent link: https://www.econbiz.de/10010744909

On non-marginal cost-benefit analysis

Dietz, Simon; Hepburn, Cameron - London School of Economics (LSE) - 2010

Conventional cost-benefit analysis incorporates the normally reasonable assumption that the policy or project under examination is marginal in the sense that it will not significantly change relative prices. In particular, it is assumed that the policy or project does not change the underlying...

Persistent link: https://www.econbiz.de/10010744993

Ambiguity and climate policy

Millner, Antony; Dietz, Simon; Heal, Geoffrey - London School of Economics (LSE) - 2010

Economic evaluation of climate policy traditionally treats uncertainty by appealing to expected utility theory. Yet our knowledge of the impacts of climate policy may not be of sufficient quality to justify probabilistic beliefs. In such circumstances, it has been argued that the axioms of...

Persistent link: https://www.econbiz.de/10010745359

Normalizing economic loss from natural disasters: a global analysis

Barthel, Fabian; Neumayer, Eric - London School of Economics (LSE) - 2010

empirical application. Applying, therefore, both methods to the most comprehensive existing global dataset of natural disaster … loss, in general we find no significant upward trends in normalized disaster damage over the period 1980 to 2009 globally …

Persistent link: https://www.econbiz.de/10010745508

A trend analysis of normalized insured damage from natural disasters

Barthel, Fabian; Neumayer, Eric - London School of Economics (LSE) - 2010

article analyzes whether there is still a significant upward trend once insured natural disaster loss has been normalized. By … scaling up loss from past disasters, normalization adjusts for the fact that a disaster of equal strength will typically cause … disasters as well as from certain specific disaster types in the United States and Germany. …

Persistent link: https://www.econbiz.de/10010745598

Climate change: is Southeast Asia up to the challenge?: forest and climate change policy: what are the costs of inaction?

Forsyth, Tim - London School of Economics (LSE) - 2010

Deforestation and forest degradation are some of the main contributors to anthropogenic climate change. Accordingly, policies to arrest deforestation or increase forest areas are proposed as important forms of climate change policy. This paper summarizes current proposals for addressing the...

Persistent link: https://www.econbiz.de/10010745845

Climate policy under sustainable discounted utilitarianism

Dietz, Simon; Asheim, Geir B. - London School of Economics (LSE) - 2011

Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is contro-versial, both due to the conditions through which it is justifed and due to its consequences for climate policies, where the discounting of...

Persistent link: https://www.econbiz.de/10010745973

High impact, low probability? An empirical analysis of risk in the economics of climate change

Dietz, Simon - London School of Economics (LSE) - 2009

To what extent does economic analysis of climate change depend on low-probability, high-impact events? This question has received a great deal of attention lately, with the contention increasingly made that climate damage could be so large that societal willingness to pay to avoid extreme...

Persistent link: https://www.econbiz.de/10010746080

Does adaptation to climate change provide food security?: a micro-perspective from Ethiopia

Di Falco, Salvatore; Veronesi, Marcella; Yesuf, Mahmud - London School of Economics (LSE) - 2010

We examine the driving forces behind farmers’ decisions to adapt to climate change, and the impact of adaptation on farmers’ food production. We investigate whether there are differences in the food production functions of farm households that adapted and those that did not adapt. We...

Persistent link: https://www.econbiz.de/10010746462