Anticipated climate policies are ineffective when fossil fuel owners respond by shifting supply intertemporally (the green paradox). This mechanism relies crucially on the exhaustibility of fossil fuels. We analyze the effect of anticipated climate policies on emissions in a simple model with...

We estimate the value of information (VOI) for three key parameters of climate integrated assessment models (IAMs): marginal damages at low temperature anomalies, marginal damages at high temperature anomalies, and equilibrium climate sensitivity. Most empirical studies of climate damages have...

Global warming and the carbon cycle are a dynamic system with positive feedbacks. Fossil fuels are exhaustible resources. These two facts mean that innovation in clean energy technology, rather than mitigating global warming, can lead to a permanently higher temperature path. This paper explores...

Human economies and ecosystems form a coupled system coevolving in time and space, since human economies use ecosystems services and at the same time affect ecosystems through their production and consumption activities. The study of the interactions between human economies and ecosystems is...

Approaching the complexities inherent in human behavior, and compounded by the increasingly multifaceted environment we live in, requires multiple angles of attack. Hence, combining theoretical investigations and applied techniques appears to be a promising approach to inform the scientific and...

This study uses panel data for 39 years and 13 districts to estimate the yield sensitivity of major food crops to climate change in the South Indian state of Tamil Nadu. We first estimate the marginal impacts of climate variables on crop yield using Panel Corrected Standard Error (PCSE) models....

This article discusses approaches to researching the risk-problems of industrial societies. It examines why the risk-constructivism neglects questions of the material production of risks in favor of questions of their communicative construction, while the risk-realism does it the other way...

New Zealand is about to implement the world's first "all sectors all gases" emissions trading scheme yet the country emits only 0.2% of the world's total greenhouse gas emissions and not all the impacts of climate change on New Zealand are predicted to be negative. On the other hand New...

New Zealand is about to implement the world's first "all sectors all gases" emissions trading scheme yet the country emits only 0.2% of the world's total greenhouse gas emissions and not all the impacts of climate change on New Zealand are predicted to be negative. On the other hand New...