Economic Risks of Climate Change
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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
About this book
Author / Editor information
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
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.
Topics
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Frontmatter
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Contents
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Foreword
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Preface
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Acknowledgments
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1. INTRODUCTION
1 - PART 1. AMERICA’S CLIMATE FUTURE
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OPENING COMMENTARY
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2. WHAT WE KNOW
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3. WHAT COMES NEXT
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4. U.S. CLIMATE PROJECTIONS
23 - PART 2. ASSESSING THE IMPACT OF AMERICA’S CHANGING CLIMATE
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5. AN EVIDENCE-BASED APPROACH
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6. AGRICULTURE
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7. LABOR
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8. HEALTH
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9. CRIME
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10. ENERGY
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11. COASTAL COMMUNITIES
105 - PART 3. PRICING CLIMATE RISK
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12. FROM IMPACTS TO ECONOMICS
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13. DIRECT COSTS AND BENEFITS
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14. MACROECONOMIC EFFECTS
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15. VALUING RISK AND INEQUALITY OF DAMAGES
153 - PART 4. UNQUANTIFIED IMPACTS
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OPENING COMMENTARY
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16. WHAT WE MISS
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17. WATER
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18. FORESTS
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19. TOURISM
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20. NATIONAL SECURITY
189 - PART 5. INSIGHTS FOR CLIMATE-RISK MANAGEMENT
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OPENING COMMENTARY
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21. MITIGATION
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22. ADAPTATION
209 - TECHNICAL APPENDIXES
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APPENDIX A. PHYSICAL CLIMATE PROJECTIONS
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APPENDIX B. CLIMATE IMPACTS
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APPENDIX C. DETAILED SECTORAL MODELS
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APPENDIX D. INTEGRATED ECONOMIC ANALYSIS
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APPENDIX E. VALUING RISK AND UNEQUAL IMPACTS
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REFERENCES
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ABOUT THE AUTHORS
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INDEX
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