Climate Economics

Spring 2021

Carbon Pricing and Innovation in a World of Political Constraints

NYU Wagner workshop held on March 19-20, 2020.

Leveraging Open-Source Tools for Collaborative Macro-energy System Modeling Efforts

U.S. Open Energy Outlook

Uncertainties in Climate and Weather Extremes Increase the Cost of Carbon

Uncertainty is not our friend

Availability of risky geoengineering can make an ambitious climate mitigation agreement more likely

A simple model of climate negotiations shows how the mere threat of risky geoengineering might help induce a high-mitigation agreement.

Economic Policy Analysis

Spring 2020

India in the coming ‘climate G2’?

India, not China, will soon be the most significant counterweight to the United States in global climate negotiations.

Declining CO₂ price paths

In contrast to most modeled carbon price paths, our calibration suggests a high "optimal" CO2 price today that is expected to decline over time

Highly decentralized solar geoengineering

At ~$5/kg SO2 delivered, balloons are only ~4x as expensive as high-altitude aircraft

Game Theory and Climate Change

Book review

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