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Economic Risks of Climate Change

An American Prospectus
  • Trevor Houser , Solomon Hsiang , Robert Kopp , Kate Larsen , Michael Delgado , Amir Jina , Michael Mastrandrea , Shashank Mohan , Robert Muir-Wood , D. J. Rasmussen , James Rising and Paul Wilson
  • Preface by: Michael Bloomberg , Thomas Steyer and Henry Paulson
Language: English
Published/Copyright: 2015
View more publications by Columbia University Press

About this book

A landmark, data-driven assessment for decision makers intent on insuring their interests against climate change.

Author / Editor information

Trevor Houser is a partner at Rhodium Group, a firm that combines policy experience, quantitative economic tools, and on-the-ground research to analyze disruptive global trends. He leads the firm's energy and natural resources work.

Solomon Hsiang is the Chancellor's Associate Professor of Public Policy at the University of California, Berkeley, and a Faculty Research Fellow at the National Bureau of Economic Research.

Robert Kopp is an associate professor of earth and planetary sciences at Rutgers University and associate director of the Rutgers Energy Institute.

Kate Larsen is a director at Rhodium Group and manages the firm's work on U.S. and global climate-change issues.

Reviews

From the opening commentary by Lord Nicholas Stern and Bob Ward, Grantham Research Institute on Climate Change and the Environment:
This report is a careful, very timely and fundamentally important contribution.... Its legacy should be continued research to assess and, where possible, quantify those impacts that cannot now be avoided, and which must be adapted to, as well as to gain a better grasp of just how huge the risks of unmanaged climate change are likely to be, even for a superpower.

From the opening commentary by Michael Greenstone, University of Chicago:
This report has changed my understanding of what climate change means for the United States, providing incredibly detailed visibility into regional changes in climate and their economic consequences to specific sectors. Given its unique ability to touch home for so many, I suspect the study will ultimately be considered a landmark contribution in our understanding of this complex and vital subject.

Richard Alley, Pennsylvania State University, author of Earth: The Operators' Manual:
Solid scholarship shows that we can improve the economy through wise use of our knowledge of climate change and energy. Better quantifying the uncertainties and near-certainties will help guide wise policies. Economic Risks of Climate Change: An American Prospectus is an important step forward.

From the opening commentary by Michael Oppenheimer, Princeton University:
Points the way toward a new era in climate-risk analysis.... [T]he authors not only provide a basis for rational judgments by policy makers but also open a new avenue toward progressive improvement in our understanding of risk.


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PART 1. AMERICA’S CLIMATE FUTURE

Michael Oppenheimer
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PART 2. ASSESSING THE IMPACT OF AMERICA’S CHANGING CLIMATE

Michael Greenstone
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PART 3. PRICING CLIMATE RISK

Geoffrey Heal
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PART 4. UNQUANTIFIED IMPACTS

Nicholas Stern and Bob Ward
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PART 5. INSIGHTS FOR CLIMATE-RISK MANAGEMENT

Karen Fisher-Vanden
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TECHNICAL APPENDIXES

Robert Kopp and D.J. Rasmussen
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Solomon Hsiang, Amir Jina and James Rising
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Michael Delgado, Shashank Mohan, Robert Muir-Wood and Paul Wilson
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Michael Delgado and Shashank Mohan
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Robert Kopp and Solomon Hsiang
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Publishing information
Pages and Images/Illustrations in book
eBook published on:
August 18, 2015
eBook ISBN:
9780231539555
Pages and Images/Illustrations in book
Main content:
384
Other:
<B>120 color figures</B>
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