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 …

scientific uncertainty about the effects of increased greenhouse gas concentrations on climate. Criticisms of this controversial …

Common integrated assessment models produce the counterintuitive result that higher risk aversion does not lead to … circulation model. It also features Epstein-Zin utility and uncertainty about climate sensitivity that resolves after some time …. The simulations show that aversion to this tipping point risk has little effect. For climate sensitivity of realistic …

-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 …

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 …

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 …