Mitch fiddles while Miami is inundated
JANUARY 9, 2015
Climate change poses economic risks and requires policy action. Mainstream economists may have been slow to recognize the serious threats posed by climate change but this year it was clear that a shift has occurred. There is a very interesting body of work emerging that combines insights from financial economics on risk , insurance and incentives for mitigating risks, with cross-disciplinary research on climate damages, the social cost of carbon and appropriate.