The COVID-19 crisis comes at a complex moment for European climate policy as it pivots from a 40% 2030 emissions reduction target to a European Green Deal that is in better alignment with long-term Paris Agreement goals. Here, the implications of the dramatic fall in economic output associated...

There is a large empirical literature trying to quantify the potentially adverse affects of climate change on the risk of violent armed conflict, which focuses almost exclusively on linking annual variation in climatic conditions to violence. A major shortcoming of this approach is that it...

We present a model based on Keynesian aggregate demand and labor productivity growth to study how climate damage affects the long-run evolution of the economy. Climate change induced by greenhouse gas lowers profitability, reducing investment and cutting output in the short and long runs....