28.02.2020

# Media

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Nature: Economists and scientists: solve big societal problems by working together

"Economics and natural-science disciplines are reuniting. It’s about time."

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20.02.2020

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Bloomberg: A Guide to Spending Bezos’s New Climate War Chest

"Jeff Bezos just announced he will commit $10 billion to fight climate change. That’s both a lot, and not much at all."

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27.01.2020

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The Washington Post: Davos elite want to plant 1 trillion trees to help the planet, but many still fight a carbon tax

"Leaders of the world’s most powerful companies sent one clear message this week as they gathered in this ski chalet town for the World Economic Forum: They care about the environment — to a point."

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13.12.2019

# New Publications

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Fabre, Adrien; Wagner, Gernot (2019): Risky Geoengineering Option Can Make An Ambitious Climate Mitigation Agreement More Likely

Fabre, Adrien; Wagner, Gernot (2019): Risky Geoengineering Option Can Make An Ambitious Climate Mitigation Agreement More Likely, NYU Wagner Research Paper Forthcoming, 12/9/2019.

"Some countries prefer high to low mitigation (H > L). Some prefer low to high (L > H). That fundamental disagreement is at the heart of the seeming intractability of negotiating a climate mitigation agreement. Enter geoengineering (G). Its risky and imperfect nature makes it arguably inferior to any country’s preferred mitigation outcome. However, absent a global high-mitigation agreement, countries facing disastrous climate damages might indeed wish to undertake it, effectively ranking H > G > L."

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30.11.2019

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Carbon Brief: In-depth Q&A: How ‘Article 6’ carbon markets could ‘make or break’ the Paris Agreement

"A little-known and highly technical section of the Paris Agreement could “make or break” the regime – and its aim of avoiding dangerous climate change."

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18.11.2019

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Khaleej Times: Climate kids have our attention, but change has to come through govts

"We owe today's young activists a huge debt for sounding the alarm. Now, we need to turn their enthusiasm into an institutionalised political force, and develop a blueprint for a productive economic agenda."

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14.11.2019

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Greenbiz: Exploring the business case for carbon removal

"While it clearly will take substantial investments to put many of these natural and technological approaches into practice, the numbers associated with the markets they could open certainly are eye-catching."

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08.11.2019

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Phys.org: Carbon dioxide capture and use could become big business

"Capturing carbon dioxide and turning it into commercial products, such as fuels or construction materials, could become a new global industry, according to a study by researchers from UCLA, the University of Oxford and five other institutions."

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02.10.2019

# New Publications

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Daniel, K.; et al. (2019): Declining CO2 price paths

Daniel, Kent D.; Litterman, Robert B.; Wagner, Gernot (2019): Declining CO2 price paths. In: PNAS, S. 201817444. DOI: 10.1073/pnas.1817444116.

"Risk and uncertainty are important in pricing climate damages. Despite a burgeoning literature, attempts to marry insights from asset pricing with climate economics have largely failed to supplement—let alone supplant—decades-old climate–economy models, largely due to their analytic and computational complexity. Here, we introduce a simple, modular framework that identifies core trade-offs, highlights the sensitivity of results to key inputs, and helps pinpoint areas for further work."

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22.07.2019

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TEDx Talks: From Climate Shock to Geoengineering. Gernot Wagner

"Climate economist Dr. Gernot Wagner discusses how solar geoengineering can be a major solution to climate change. He considers Carbon taxes versus carbon taxes and talks about the issue of uncertainty as we find creative, market-based fixes for our warming planet."

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