We investigate the uncertainty dynamics surrounding extreme weather events through the lens of option and stock markets … by identifying market responses to the uncertainty regarding both potential hurricane landfall and subsequent economic … impact. Stock options on firms with establishments exposed to the landfall region exhibit increases in implied volatility of …

We document that climate uncertainty negatively affects corporate investment. The effect is more pronounced for firms … adaptation plans mitigate the negative effects of climate uncertainty on corporate investment. We establish this result using the … corporate investment, but climate adaptation plans shield firms from climate uncertainty contributing to investment resilience …

and transmission pathway of CCRR proxies (green index, carbon price, general and climate uncertainty) on US Small Minus … energy innovation industry (green companies) and climate policy uncertainty are drivers of the transmission spillover network …

making under uncertainty. It clarifies the distinct roles of risk aversion, prudence, characteristics of the damage … formulation, and future policy response. We show that an optimal response to uncertainty substantially reduces the risk premium. … the resulting warming over the next decades and centuries highly uncertain. We quantify how this uncertainty changes the …

intergenerational inequality aversion and for risk aversion. If growth increases (reduces) intra-generational inequality, the SDR is …

characterized by high uncertainty. Hence, far reaching policy implications such as the net zero goal lack a definite scientific …

In this paper it is shown that climate models are characterized by uncertainty and its causes are pointed out. It is … is well understood. However, as regards the feedback effects of higher temperatures, parameter uncertainty, model … uncertainty and the chaotic nature of the climate system give rise to a considerable degree of ignorance regarding the climate …

uncertainty over climate change and its impact, why there is so much uncertainty, and why we will continue to face uncertainty in … the near future. I also explain the policy implications of climate change uncertainty. First, the uncertainty … stronger actions to reduce CO2 emissions. Second, uncertainty interacts with two kinds of irreversibilities. First, CO2 remains …

-form expressions of welfare loss from shocks and epistemological uncertainty identify the interaction of (intertemporal) risk attitude … is comparable to numeric models used in policy advising. Uncertainty surrounding climate change remains large. The closed …, distributional moments, and the climatic shadow values. Welfare gains from reducing uncertainty about temperature feedbacks are much …