Showing 1 - 10 of 3,614
-probability extreme events on environmental policy in a continuous-time real options model with “tail risk”. In a nutshell, our results … indicate the importance of tail risk and call for foresighted pre-emptive climate policies. -- Climate Policy ; Extreme Events …
Persistent link: https://www.econbiz.de/10003977579
-probability extreme events on environmental policy in a continuous-time real options model with "tail risk". In a nutshell, our results … indicate the importance of tail risk and call for foresighted pre-emptive climate policies. -- climate policy ; extreme events …
Persistent link: https://www.econbiz.de/10003994530
In this paper we show that both climate models and economic models studying the effects of climate change are characterized by high uncertainty. Hence, far reaching policy implications such as the net zero goal lack a definite scientific foundation. Neverthelss, it cannot be excluded that the...
Persistent link: https://www.econbiz.de/10015053416
efficient public adaptation. Based on this framework, we illustrate how Germany's response to major flood disasters reflects the …
Persistent link: https://www.econbiz.de/10011455349
The transport sector is the only sector where carbon emissions continue to grow. This has led policy makers to propose ambitious policies to reduce emissions in the car sector, in particular fuel efficiency standards, portfolio mandates for Electric Vehicles and purchase taxes or subsidies. A...
Persistent link: https://www.econbiz.de/10012057257
, measures that individuals and governments take to adapt to climate change and transition to lower emissions risk increasing …
Persistent link: https://www.econbiz.de/10012660379
Climate disasters raise the salience of climate change’s negative consequences, including climate-induced migration. Policy action to address climate displacement is especially contentious in the U.S., where weak support for tackling climate change intersects with high opposition to...
Persistent link: https://www.econbiz.de/10014356510
The insurance industry could potentially play a greater constructive role in mitigating climate risk by aligning with …
Persistent link: https://www.econbiz.de/10014254725
A simple model is used to illustrate the effects of a reduction in (marginal) abatement cost in a two country setting. It can be shown that a the country experiencing a cost reduction can actually be worse off. This holds true for a variety of quantity and price based emission policies. The most...
Persistent link: https://www.econbiz.de/10010357897
financial markets. The climate related risk is divided into three subcategories, the environmental uncertainty, the economic … climate risk and the climate policy risk, which all of them may affect the markets directly or indirectly. The perspective is … market valuation of the climate risk. …
Persistent link: https://www.econbiz.de/10011440405