Costly tipping points
New research shows significant economic costs of climate risks.

My monthly, globally syndicated column for Project Syndicate, translated into a dozen languages, and my earlier bi-weekly Risky Climate column for Bloomberg Green.
New research shows significant economic costs of climate risks.
Climate science and economics are inherently conservative, and that may be a factor in Monday's highly-anticipated IPCC report.
The best thing New York and other cities can do for the climate is to let more people live there.
The economist Martin Weitzman got scientists and politicians to think about the worst-case outcomes of global warming. We’re seeing them happen right now.
With its fixation on equilibrium thinking and an exclusive focus on market factors that can be precisely measured, the neoclassical orthodoxy in economics is fundamentally unequipped to deal with today's biggest problems. Change within the discipline is underway, but it cannot come fast enough.
Research into unproven technofixes isn’t a replacement for eliminating emissions, even if the debate over geoengineering is stuck on that concern.
There is plenty of debate and acrimony, but there is indeed debate about policy solutions.
After a week when three oil giants were forced to face climate urgency, a guide to what concrete change might look like.
The green transition comes with costs; but they are well worth it, and they pale in comparison to the costs of inaction. The ever-falling costs of renewables have not eliminated the politics of climate change. But they certainly have made our choices much easier.
It’s easy to see why infrastructure spending would cut emissions, while creating jobs. Carbon taxes appear to do the same.