15 July 2023

WSJ: "Weeks of Extreme Heat Strain Small Businesses and Economy"

By Scott Patterson, Jennifer Hiller, and Alyssa Lukpat

Extreme heat can trigger irrational behavior that can add up economically, said Gernot Wagner, a climate economist at Columbia Business School and author of “Climate Schock: The Economic Consequences of a Hotter Planet.”

“Car crashes go up, road rages go up, domestic violence and assaults go up,” he said. A major risk of long-lasting heat waves is that they can help push ecosystems toward tipping points, such as melting glaciers, that might be impossible to reverse, leading to widespread economic harm.

Quoted in: "Weeks of Extreme Heat Strain Small Businesses and Economy" by Scott Patterson, Jennifer Hiller, and Alyssa Lukpat, Wall Street Journal (15 July 2023)

Observational uncertainty is the primary source of climate uncertainty in impacts projections

by Kevin Schwarzwald, Nathan Lenssen, Thomas Bearpark, Alia Bonanno, Radley Horton, and Gernot Wagner

2 Jul 26

Beliefs, evidence, and climate action

by Mark Freeman, Ben Groom, Frikk Nesje, and Gernot Wagner

11 Jun 26

The future of climate finance

The trend is clear. So are the challenges. One key task is to de-risk capital investments to lower costs. This is where public climate finance must play its most critical role – not as charity, but as leverage.

25 Jul 26