Showing 1 - 10 of 13,431
This note considers the treatment of risk and uncertainty in the recently established "social cost of carbon" (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by … that very target. -- Ambiguity ; climate change ; discounting ; integrated assessment modelling ; risk ; social cost of …
Persistent link: https://www.econbiz.de/10009238751
This note considers the treatment of risk and uncertainty in the recently established "social cost of carbon" (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by … that very target. -- ambiguity ; climate change ; discounting ; integrated assessment modelling ; risk; social cost of …
Persistent link: https://www.econbiz.de/10009544394
This paper studies how politicians and voters respond to new information on the threats of climate change. Using data on the universe of federal disaster declarations between 1989 and 2014, we document that congress members from districts hit by a hurricane are more likely to support bills...
Persistent link: https://www.econbiz.de/10012006068
different types of disasters, the effect of changing disaster risk so far has largely been neglected. In this paper we study the … effect of hurricane risk on individual self-reported life satisfaction. In order to do so we combine geo-referenced survey … we construct time-varying indicators of hurricane risk on the zip-code-level for the period of 2010 to 2018, based on …
Persistent link: https://www.econbiz.de/10012436249
management of transition risk exposures. Banks that signed the Net-Zero Alliance have reduced their exposures compared to non …
Persistent link: https://www.econbiz.de/10014251460
We exploit regional variations in exposure to heat stress to study if physical climate risk is priced in municipal and …
Persistent link: https://www.econbiz.de/10013388801
We build on the estimated sectoral effects of climate transition policies from the general equilibrium models of Jorgenson et al. (2018), Goulder and Hafstead (2018), and NGFS (2022a) to investigate U.S. banks’ exposures to transition risks. Our results show that while banks’ exposures are...
Persistent link: https://www.econbiz.de/10014355728
Persistent link: https://www.econbiz.de/10011696625
Persistent link: https://www.econbiz.de/10005037338
), adaptation activities are significantly influenced by a higher income and the individual evaluation of the risk that negative …
Persistent link: https://www.econbiz.de/10010459030