Global climate change poses a threat to the well-being of humans and other living things through impacts on ecosystem … climate change, including theoretical insights and empirical findings that offer guidance to policy makers. Section 1 frames … the climate change problem and indicates the ways that economic research can address it. Section 2 describes approaches to …

We study optimal climate policy when climate tipping points and solar geoengineering are present. Solar geoengineering … reduces temperatures without reducing greenhouse gas emissions. Climate tipping points are irreversible and uncertain events … remediation in the aftermath of a tipping point. We model three distinct types of tipping points: two that alter the climate …

a general framework to study how the climate benefit of such overlapping policies depends on their design, location and … timing. Some policies leverage additional climate benefits elsewhere in the system while others backfire by raising aggregate …

Climate policy is complicated by the considerable compounded uncertainties over the costs and benefits of abatement. We …

Climate change management is a global challenge that requires social science as much as it requires natural science. We … provide a brief introduction to the physical science of climate change, written to provide essential background for economists …, political economy, and development—are in a unique position to help climate science advance …

Climate modelers have recognized the possibility of abrupt climate changes caused by a reorganization of the North … implies that relatively small damages associated with a collapse (less than 1 % of gross world product) would justify a …

We review the literature studying interactions between climate change and financial markets. We first discuss various … approaches to incorporating climate risk in macro-finance models. We then review the empirical literature that explores the … pricing of climate risks across a large number of asset classes including real estate, equities, and fixed income securities …

Economic evaluation of climate policy traditionally treats uncertainty by appealing to expected utility theory. Yet our … knowledge of the impacts of climate change may not be of sufficient quality to justify probabilistic beliefs. In such … circumstances it has been argued that the axioms of expected utility theory may not be the the correct standard of rationality. By …