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mitigation and adaptation, carbon and solar geoengineering span the universe of possible climate policies. Their wildly different …
Persistent link: https://www.econbiz.de/10011853285
of the life cycle. For mitigation and adaptation, we find that while these are overall clearly beneficial, they are also … worse outcomes, as it can lead to diminishing public support for the required mitigation and adaptation (as has arguably … been the case with globalization). Since there is also evidence that high human capital improves adaptation and mitigation …
Persistent link: https://www.econbiz.de/10014251487
We propose a theory of climate-policy motivated foreign intervention to study different forms of international climate governance in the presence of power imbalance. Foreign countries have at least three options to intervene in another country's domestic climate policy: i.) Agreements with...
Persistent link: https://www.econbiz.de/10013473902
adaptation to changing life circumstances. People may adapt or become more sensitive, to different degrees, to a deteriorated … the consequences for optimal climate policies and argues from a normative point of view that psychological adaptation …
Persistent link: https://www.econbiz.de/10010354841
climate change. This is despite substantial adaptation having taken place in general equilibrium through R&D and agricultural …
Persistent link: https://www.econbiz.de/10012138747
We study adaptation to climate change in a federalist setting. To protect themselves against an increase in flood risk …, regional governments choose among adaptation measures that vary with respect to their costs, the level of protection they offer … response to specific proposals. If it has to deduce the vulnerability of regions by their actions, the resulting adaptation …
Persistent link: https://www.econbiz.de/10011616351
We investigate the long-term macroeconomic effects of climate change across 48 U.S. states over the period 1963.2016 using a novel econometric strategy which links deviations of temperature and precipitation (weather) from their long-term moving-average historical norms (climate) to various...
Persistent link: https://www.econbiz.de/10012806494
The high and increasing cost of natural disasters around the world motivates a growing body of literature on the role of natural disaster insurance in adapting to climate change. This chapter reviews current challenges in both public and private natural disaster insurance markets in the United...
Persistent link: https://www.econbiz.de/10014281392
We show that economies may exhibit a strong endogenous macroeconomic adaptation response to climate change. If climate …
Persistent link: https://www.econbiz.de/10011454039
. The results are robust to alternative model specifications. Adaptation explains why a smooth aggregate response function … is compatible with sharply non-linear crop yield functions. With adaptation, the effect of warming on Western European …
Persistent link: https://www.econbiz.de/10011922161