Financial system and climate crisis: When will the climate-financial crash come?

#Climate experts warn of a new economic crisis caused by global warming. The economic models would underestimate the situation.

https://taz.de/Finanzsystem-und-Klimakrise/!5954984/

#climateeconomics
via @tazgetroete

There's a working paper out the economics of cutting CO2 emissions from the manufacture of Portland cement.

"optimal abatement levels are highly sensitive to carbon prices in the range of €80-150/t. That is, cement producers would optimally reduce their emissions by 78% at €100/tCO2, while €155/tCO2 provide incentives sufficient for near-full decarbonization"

#Cement #ClimateCrisis #Economics #ClimateEconomics

The paper:
https://dx.doi.org/10.2139/ssrn.4434830

Author's Tweets:
https://twitter.com/guntherglenk/status/1654171950107721732

It's nice that "digging holes and refilling them" as a measure of progress is being questioned.

"We stress that NbS must not be used to distract attention away from reducing emissions associated with fossil fuel use or to promote an agenda for perpetual economic growth and call on government policy makers to decenter GDP growth as a core economic and political target, refocusing instead on human and ecological well-being."

#ClimateEconomics

https://journals.plos.org/climate/article?id=10.1371/journal.pclm.0000169

And elsewhere?

"We show how, in this idealised example, in a 2C warmer world (relative to pre-industrial), the UK could lose on average 15 million (or 2.5 of) days of outdoor physical work in a working year (225 days) as a result of heat-stress, which could equate to more than 1.5 billion of economic loss (roughly 0.07 of UK annual GDP)."

#ClimateEconomics

https://www.sciencedirect.com/science/article/pii/S2212096323000360?dgcid=rss_sd_all

RT @SteffenHentrich
There are four reasons why money is saved if emission reduction targets are lenient at first while becoming more stringent over time. #climateeconomics ⁦@RichardTol⁩

Hmm.

"...the use of fixed (wired) and analogue telephone technologies increases consumption-based and territorial-based CO2 emissions ... the use of mobile telephone and internet technologies reduces consumption-based and territorial-based CO2 emissions and the impact is stronger at the upper quantile distribution..."

Leading somehow to a conclusion that economic freedom (what exactly is that?) is good.

#MethodofMomentsQuantileRegression
#ClimateEconomics

http://link.springer.com/10.1007/s10668-022-02183-z

New #datascience tool
for researchers, #scicomm/#journo,
decision makers
and interested general public.

Provides free data on the cost of large #cleanenergy projects in emerging economies.

https://www.iea.org/reports/cost-of-capital-observatory

#science #academia #climateemergency #climateeconomics #energy #renewables #sustainability #edtech

"Our results show that the expansion of social networks can increase [hydrocarbon emissions] through enlarging consumption quantity and upgrading consumption structure, which is motivated by the comparison behavior based on status-seeking."

Not open access but there's a bit of a toehold nonetheless.

#SocialMediaClimateImpacts
#ClimateAndConsumerConsumption
#ClimateEconomics

https://www.sciencedirect.com/science/article/abs/pii/S0301421523000459?dgcid=rss_sd_all

In "Economics for the future – Beyond the superorganism" the author makes the point that our #economy relies heavily on #energy but that standard #economic theory ignores this fact by assuming #substitutability but different energy forms have different densities (this makes fossil fuels and nuclear so difficult to replace in practice)

Read the paper here #openaccess #climatecrisis #climateeconomics

https://www.sciencedirect.com/science/article/pii/S0921800919310067

Hello everyone, I understand that new people to Mastodon should do an #introduction.

I’m a professor emeritus of business administration at Okanagan College in British Columbia. I retired from teaching some years ago, but I am still very active in business and economics research. My current project looks at business strategy toward climate change mitigation. For anyone interested, my prior research is available at researchgate.net.

#ClimateChange #ClimateEconomics #CircularEconomy

@Fisher_DanaR thank you I was looking for this report
#ClimateCost
#ChristianAid
#ClimateEconomics

Hi Mastodon community #introduction

I am a #climate #scientist working on climate variablity, climate #extremes #extremeweather #impacts #climateeconomics and #health impacts

I am also an editor for the #EGU journals Earth System Dynamics #ESD and Nonlinear Processes in Geophysics #NPG

I work at IBS Center for Climate Physics #ICCP at Pusan National University #PNU

https://ibsclimate.org/people/christian-franzke/

I know this applies to a relatively small group of people, so apologies for the niche post.

My colleagues are recruiting #economics #PhD folk (or soon-to-be PhDs 🎓) who are interested in #climateeconomics and #politicaleconomy for junior economist roles in the #OECD (with relocation to #Paris)

Applications including Job Market Paper, CV and cover letter should be emailed over to Mathieu Miranda: mathieu.miranda@oecd.org

Deadline 20th November

#Econjobs #PhDjobs