climate change. The risk of uncertain and potentially irreversible catastrophes is an important issue related to the latter … benchmark integrated assessment model. This study moves beyond recent catastrophe or tipping point studies with arbitrary risk … introduced here informs risk management strategies that balance uncertain future climate change impacts with the costs of …

Uncertainty surrounding if the U.S. will implement a federal climate policy introduces risk into the decision to invest …, general equilibrium model to quantify the macroeconomic impacts of this climate policy transition risk. The model incorporates … lower carbon economy. We find that climate policy transition risk decreases carbon emissions today by causing investment to …