Climate Change Library Library f. Risk and Uncertainty All Other Risk and Uncertainty Issues Climate Change Library
All Other Risk and Uncertainty Issues
Adaptation to Climate Change: Do Not Count on Climate Scientists to Do Your Work
"Many decisions concerning long-lived investments need to take into account climate change. But doing so is not easy for at least two reasons. First, due to the rate of climate change, new infrastructure will have to be able to cope with a large range of changing climate conditions, which will make design more difficult and construction more expens ...
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Hallegatte, Stéphane
Washington, DC: American Enterprise Institute - Brookings Institution Reg-Markets Center. Related Publication 08-01: February 2008
Objectives: Forecasting Impacts,Evaluating Proposals
Geographic Focus: US and Other Countries,Rich and Poor Nations
Addressing Price Volatility in Climate Change Legislation
In his testimony before the House Ways and Means Committee, Dallas Burtraw suggests incorporating price floors and ceilings for carbon permits in order to reduce the riskiness of investments in less carbon-intensive technologies, minimize economic disruption and combat manipulative practices in permit markets.
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Dallas Burtraw
Resources for the Future Congressional Testimony, March 2009
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs
Geographic Focus: US OnlyFor Economists|For the Public
Biodiversity and Livelihoods: REDD Benefits
The Convention on Biological Diversity (CBD) and the Deutsche
Gesellschaft für Technische Zusammenarbeit (GTZ) has published a guide titled
“Biodiversity and Livelihoods: REDD Benefits,” which provides tools and examples for how to achieve synergy among participants through reducing emissions from deforestation and degradation in developing c ...
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German Technical Cooperation, November 30, 2009
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs
Geographic Focus: Rich and Poor Nations,Asia and Oceania,Africa,Latin AmericaFor Economists|For Specialized Analysts
Building Business Resilience to Inevitable Climate Change: Carbon Disclosure Project Report
This report examines the reticence of the mining industry to come to terms with the risks and challenges of climate change to their operations and future effectiveness.
From the Executive Summary: "The existence of uncertainties regarding the business risks arising from climate change, should by itself act as a catalyst for companies to
q ...
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Acclimatize
Acclimatize, Oxford, UK, 2010
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs,Analyzing Opinions & Attitudes
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor Nations,Asia and Oceania,Africa,Latin AmericaFor Economists|For Specialized Analysts
Business Risks and Costs of New Nuclear Power
Written by a CPA with long experience in the utility regulation arena. The Executive Summary reads:
"It has been an entire generation
since nuclear power was seriously considered as an energy option in the U.S. It seems
to have been forgotten that the reason U.S. utilities stopped ordering
nuclear power p ...
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Craig A. Severance
Web Published by Climate Progress, a project of the Center for American Progress Action Fund, Jan., 2009.
Objectives: Forecasting Impacts,Evaluating Proposals
Geographic Focus: US OnlyFor Specialized Analysts|For the Public
California Climate Risk and Response
While a lot has been written about California's efforts to address climate change and potential economic gains, there has been limited economic analysis of the state's climate risk. This report addresses the impact of climate change if the state continues business-as-usual economic activity and the costs of the adaptation needed to cope with unavoi ...
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Kahrl, Fredrich, and David Roland-Holst
Berkeley, CA: U. of California Center For Energy, Resources, And Economic Sustainability. Research Paper No. 08102801: November 2008
Objectives: Forecasting Impacts,Evaluating ProposalsFor the Public
Casting Radical Uncertainty on the Precautionary Principle: Shackle and Foucault Revisited
From the Abstract: “This article interprets the Precautionary Principle in environmental regulation from the perspective of radical uncertainty embedded in knowledge as well as the knowledge-power networks formed in the existence of such uncertainty. In this sense, the article makes an epistemological critique of the current application of the Pre ...
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Bilge Erten
European Journal of Economic and Political Studies (EJEPS) 1(1), 1-18, 2008
Objectives: Theoretical Modeling,Forecasting Impacts
Geographic Focus: US and Other CountriesFor Economists
Climate and Trade Policies in a Post 2012 World
This is a collection of articles by leading experts on the relationship between trade and climate change policies. It examines the future interplay between climate, trade policies, and institutions. The collection consists of articles that focus on "international, regional and national policies and institutions relevant to the implementation of ...
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United Nations Environment Programme Economics and Trade Branch and the ADAM Project
United Nations Environment Programme, Geneva, Switzerland, 2009
Objectives: Policies & Legislation
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor Nations,Asia and Oceania,Africa,Latin AmericaFor Economists|For Specialized Analysts
Climate Change Adaptation Strategies for Local Impact
From the Introduction: "The Copenhagen Agreement to be adopted at COP-15 offers opportunities to significantly advance the climate change agenda and to establish
a solid enabling environment for climate change adaptation (CCA). Yet ultimately success in adaptation must be measured in terms of impact on the ground at local level. Compared to cli ...
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International Federation of Red Cross and Red Crescent Societies
International Federation of Red Cross and Red Crescent Societies, May 2009.
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs
Geographic Focus: Rich and Poor NationsFor Economists|For Specialized Analysts|For the Public
Climate Change and Insurance: Integrative Principles and Regulatory Risks
From the Abstract: “In medicine, an iatrogenic risk is a risk that arises from the medical treatment itself, such as side effects of surgery or drugs. The same phenomenon arises in the process of regulatory and legislative actions intended to facilitate mitigating and financing of catastrophic risks. Unanticipated regulatory or legislative fiats c ...
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Paul R. Kleindorfer
Social Science Research Network, New York, INSEAD Working Paper No. 2009/43/TOM/INSEAD, August 24, 2009.
Objectives: Forecasting Impacts,Policies & Legislation
Geographic Focus: US OnlyFor Economists|For Specialized Analysts
Climate Change and Risk Management Challenges for Insurance, Adaptation, and Loss Estimation
Executive Summary
"Adapting to climate change will not only require responding to the physical effects of global warming, but will also require adapting the way we conceptualize, measure, and manage risks. Climate change is creating new risks, altering the risks we already face, and also, importantly, impacting the interdependencies between ...
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Kousky, Carolyn, and Roger M. Cooke
Washington, DC: Resources for the Future. Discussion Paper 09-03. February, 2009
Objectives: Theoretical Modeling
Geographic Focus: US and Other CountriesFor Economists
Climate change – a business revolution? How tackling climate change could create or destroy compan...
"This study was designed to test the hypothesis that a move to a low
carbon economy could be revolutionary for a number of mainstream
industry sectors and therefore should be carefully managed.
"We
set out to quantify the level of opportunity and risk available to
companies in different sectors depending on their situation and level
of prep ...
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The Carbon Trust and McKinsey & Company
London, UK: Carbon Trust. 22 September 2008
Objectives: Forecasting Impacts,Evaluating Proposals
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor NationsFor the Public
Climate Change Mitigation and Ecosystem Services: A Stochastic Analysis
This paper discusses modeling the loss of ecosystem services, uncertainty, and risk aversion.Abstract:"Degradation of ecosystem services may be a major component of climate change damage, and incorporation of this factor could significantly alter the significance of uncertainty in climate-economy modeling. However, this aspect has been little inves ...
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Thomas S. Lontzek, Daiju Narita
Kiel Institute for the World Economy, Working Paper 1593, Kiel, Germany: January 2010
Objectives: Theoretical Modeling
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists
Climate Change, Demography, Environmental Degradation, and Armed Conflict
This study performs a statistical analysis to estimate the contributions of environmental scarcity, demographic factors, political institutions and resource distribution to the likelihood of conflict. It concludes that the environmental consequences of climate change will probably not have a large direct impact on armed conflict, but should be con ...
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Clionadh Raleigh and Henrik Urdal
Environmental Change and Security Program Report, Issue 13, 2008-9
Objectives: Forecasting Impacts
Geographic Focus: Rich and Poor NationsFor Specialized Analysts
Climate Change, Forests and Federalism: Seeing the Treaty for the Trees
From the Abstract:
"Despite numerous attempts over the past two decades – including most recently at the Copenhagen climate discussions in late 2009 – international forest and climate negotiations have failed to produce a legally binding treaty addressing global forest management activities. This failure is due in large part to a lack of U ...
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Blake Hudson
University of Colorado Law Review, Forthcoming, May 2010
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: US and Other CountriesFor Economists|For Specialized Analysts
Climate Cost Uncertainty, Retrofit Cost Uncertainty, and Infrastructure Closedown: A Framework for A...
This paper uses modeling to discuss the economics and uncertainties of reducing carbon emissions through changes in infrastructure.Abstract:"Large and energy-intensive infrastructure investments with long life times have substantial implications for climate policy. This study focuses on options to scale down energy consumption and carbon emissions ...
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Jon Strand, Sebastian Miller
The World Bank, Development Research Group, Environment and Energy Team, Washington, DC: February 2010
Objectives: Theoretical Modeling
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists
Climate Economics Taskforce Policy Briefs
A set of 15 brief (2 page) papers on aspects of the economic analysis of climate change policy options.
From the Introduction:
“E3 is a new network of economists who are developing and applying economic arguments for active protection of human health and the natural environment. E3 emerged from a series of conversations between economists, repre ...
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Climate Economics Taskforce
Economics for Equity and the Environment: E3 Network: June 21, 2007
Objectives: Evaluating Programs,Evaluating Proposals
Geographic Focus: US and Other Countries,Rich and Poor NationsFor the Public
Climate Policy Design with Correlated Uncertainties in Offset Supply and Abatement Cost
This paper models different designs of cap-and-trade systems to explore uncertainties.Abstract:"Current and proposed greenhouse gas cap-and-trade systems allow regulated entities to offset abatement requirements by paying unregulated entities to abate. These offsets from unregulated entities are believed to contain system costs and stabilize allowa ...
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Harrison Fell, Dallas Burtraw, Richard Morgenstern, and Karen Palmer
Resources for the Future, Washington DC: January 2010
Objectives: Theoretical Modeling,Evaluating Programs
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists
Economic Insights from Modeling Analyses of H.R. 2454 - the American Clean Energy and Security Act (...
This report reviews different studies modeling the environmental and economic effects of H.R. 2454.Executive Summary:"Economic models are an important tool for evaluating the potential impact of proposed legislation on our economy. This brief compares modeling analyses of the House-passed clean energy and climate bill (H.R. 2454) conducted by seven ...
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Pew Center on Global Climate Change
Pew Center on Global Climate Change, Arlington, VA: January 2010
Objectives: Theoretical Modeling,Evaluating Proposals
Geographic Focus: US OnlyFor Economists
Environmental Law and Policy
This long paper was prepared as a chapter for the Handbook of Law and Economics. It provides an economic perspective of environmental law and policy examining the setting of environmental policy goals and targets. The authors begin with normative issues, notably the Kaldor-Hicks criterion and the related method of assessment
known as benefit-cost ...
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Revesz, Richard L., and Robert Stavins
Cambridge, MA: National Bureau of Economic Research. Working Paper 13575: November 2007
Objectives: Theoretical Modeling,Forecasting Impacts,Evaluating ProgramsFor Economists
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