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Climate: Past, Present & Future

uncertainty

Dear “climate sceptic”, do you have a fire insurance? – Climate policy under uncertainty

Dear “climate sceptic”, do you have a fire insurance? – Climate policy under uncertainty

One often hears that ambitious climate policy might be premature while climate change is still “uncertain”. This sounds like a fair argument: The amount of global warming per doubling CO2 is not well constrained, and the amount of economic damage per degree of warming even less. But is this uncertainty a sound excuse to wait and see?   Uncertainty, risk aversion, and insurance If you knew the ...[Read More]