Show simple item record

dc.contributor.authorKousky, Carolyn
dc.contributor.authorRostapshova, Olga V
dc.contributor.authorToman, Michael
dc.contributor.authorZeckhauser, Richard Jay
dc.date.accessioned2010-09-29T21:12:30Z
dc.date.issued2010
dc.identifier.citationKousky, Carolyn, Olga Rostapshova, Michael Toman, and Richard Zeckhauser. 2010. Responding to Threats of Climate Change Mega-Catastrophes. HKS Faculty Research Working Paper Series, RWP10-008, John F. Kennedy School of Government, Harvard University.en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:4454155
dc.description.abstractThere is a low but uncertain probability that climate change could trigger “mega-catastrophes,” severe and at least partly irreversible adverse effects across broad regions. This paper first discusses the state of current knowledge and the defining characteristics of potential climate change mega-catastrophes. While some of these characteristics present difficulties for using standard rational choice methods to evaluate response options, there is still a need to balance the benefits and costs of different possible responses with appropriate attention to the uncertainties. To that end, we present a qualitative analysis of three options for mitigating the risk of climate mega-catastrophes—drastic abatement of greenhouse gas emissions, development and implementation of geoengineering, and large-scale ex ante adaptation— against the criteria of efficacy, cost, robustness, and flexibility. We discuss the composition of a sound portfolio of initial investments in reducing the risk of climate change mega-catastrophes.en_US
dc.language.isoen_USen_US
dc.publisherJohn F. Kennedy School of Government, Harvard Universityen_US
dc.relation.isversionofhttp://web.hks.harvard.edu/publications/workingpapers/citation.aspx?PubId=7175en_US
dash.licenseLAA
dc.subjectMBG - Markets, Business, and Governmenten_US
dc.subjectEnvironment and Natural Resourcesen_US
dc.subjectClimate Changeen_US
dc.subjectRegulatory Policyen_US
dc.subjectEnergyen_US
dc.titleResponding to Threats of Climate Change Mega-Catastrophesen_US
dc.typeResearch Paper or Reporten_US
dc.description.versionAuthor's Originalen_US
dc.relation.journalHKS Faculty Research Working Paper Seriesen_US
dash.depositing.authorZeckhauser, Richard Jay
dc.date.available2010-09-29T21:12:30Z
dash.contributor.affiliatedRostapshova, Olga
dash.contributor.affiliatedZeckhauser, Richard


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record