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This paper reviews the empirical literature on the economic impacts of natural disasters to inform both climate adaptation policy and the estimation of potential climate damages. It covers papers that estimate the short- and long-run economic impacts of weather-related extreme events as well as...
Persistent link: https://www.econbiz.de/10010555673
This Research Report responds to the challenge for marine capture fisheries of how and when to adapt to climate change. The report presents: (1) a set of fisheries climate change policy options (2) a risk and vulnerability assessment tool and management decision-making framework; and (3) ex ante...
Persistent link: https://www.econbiz.de/10008693304
This paper applies a behavioral economics model of cigarette addiction to the issue of oil usage and climate change. Both problems involve consumption of a product that causes long-term detrimental effects and for which current reductions in usage induces an adjustment cost. The paper argues...
Persistent link: https://www.econbiz.de/10010836361
Solar energy is increasing essentially to fortify energy security and mitigate CO2 emission. Although solar energy utilization on the Qinghai–Tibetan Plateau (QTP) contributes little to the energy conservation and reduction of CO2 emission at present, it plays an important environmental role...
Persistent link: https://www.econbiz.de/10010608326
This article develops a “real options” approach for planning new water resources infrastructure investments and their operating strategies in a world of climate change uncertainty. The approach is illustrated with an example: investments in large new multipurpose dam alternatives along the...
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