The consequences of the 2ʿ C climate target and the implicitly imposed ceiling on CO2 have been analyzed in several studies. We use an endogenous rowth model with a ceiling and a carbon capture and storage (CCS) technology to study the effect of the ceiling on the allocation of limited funds...

Climate engineering (CE) and carbon capture and storage sub-seabed (CCS-S) are currently controversially debated options to address climate change. Our paper provides empirical evidence on the public perception of two different CE measures, namely, stratospheric sulphate injection (SSI) and...

Back in the eighteenth century, the insurance industry in London incentivised widespread behaviour to mitigate fire risk by introducing the world’s first building fire codes in the form of fire marks, and then creating the world’s first organised fire services. Now 350 years later, the...

In December, delegations from 192 countries will hold two weeks of talks in Copenhagen aimed at establishing a new global treaty on climate change. Six months after the publication of its third major report on climate change and insurance, ‘Coping with Climate Change: Risks and opportunities...

The world’s climate is changing, due mainly to human behaviour, and the effects are predicted tointensify progressively. Already the insurance industry is faced with significant challenges, such asthe increase in flood risk in the UK. However, the need to manage climate change risks...

At the General Assembly of the Geneva Association held 28-31 May 2008 in Hamilton, Bermuda, the CEOs of the world's leading insurance and reinsurance companies decided to launch a new research project on climate change and its economic impact on insurance (CC+I). This initiative reflects one of...

Extreme weather patterns are causing major damage on property and business and the question of who pays is becoming a serious issue. A law and economics point of view focuses on the problem that emitters of greenhouse gases externalize the true costs of their contribution to climate change...

Sustainability ; Climate Change ; What can the (re)insurance industry do? ; CC is also a societal choice...