Using financial logic to price carbon emissions
Calculations of expected climate damages vary widely, but a new model treats carbon dioxide as a risky asset with a negative payoff. Authors Adam Bauer and Gernot Wagner explain how it works.
Essays, op-eds, and other writings in publications like the FT, NYT, WaPo, New York Magazine, Salon, OPEC Fund Magazine(!), and many others, distinct from my regular columns.
Calculations of expected climate damages vary widely, but a new model treats carbon dioxide as a risky asset with a negative payoff. Authors Adam Bauer and Gernot Wagner explain how it works.
by Gernot Wagner & Conor Walsh
Clean, green & electric with Gernot Wagner
And the U.S. Inflation Reduction Act is surprisingly well-designed to deal with the fallout.
When the Price Is Right
by Charles Komanoff and Gernot Wagner
Build, build, build.