Yale economist Robert Mendelsohn is a leading authority on resource economics, which involves valuation of environmental goods and services. He co-invented the Ricardian technique which measures the climate sensitivity of agriculture. He comments here on the importance and remaining mystery of monsoons, and their enormous importance to billions of people.
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Yale Assistant Professor Bill Boos hosts an international gathering of 30+ social and physical scientists from around the world for a two-day workshop on monsoon science, April 16-17, 2015. Details here.
“Say what you want about 350.org,” said Peter Knight, who manages $11BB of socially responsible investments, “but they changed the discussion.” If 350.org brought the divestment discussion into the living room, SOM students brought it into the board room on Friday night for history’s first “Low-Carbon Portfolio Case Competition.”
Todd Cort co-directs the Center for Business and the Environment at Yale. He reviews the specifics of socially responsible investment (SRI) and offers suggestions for participants in the School of Management’s upcoming inaugural “Low-Carbon Portfolio Case Competition, co-sponsored by YCEI.
Yale’s School of Management presents the first national competition for business school students to demonstrate the most innovative and financially successful portfolio management plan for a hypothetical company that has chosen to divest its fossil fuel holdings.
Karen Hussey is Associate Professor at the Fenner School of Environment and Society at the Australian National University (ANU) where she undertakes research on policies, institutions and governance for sustainable development. She leads several projects assessing the effectiveness of Australian laws and policies for supporting adaptation to climate change.
Canadian Parliament’s Honorable Stephané Dion frames the afternoon presentations for YCEI’s Fifth Annual Conference by summarizing the stark and constantly growing challenge of reducing CO2 emissions even as energy demand grows.
The first presenter is Holmes Hummel, a protege of panelists Zhang Xiliang and Dr. Nakocenovic, and recent Senior Advisor at the U.S. Department of Energy. Holmes discusses various “species of analytic tools” that the DOE and others use to anticipate the future energy landscape.
John Reilly is an energy, environmental and agricultural economist, and Co-Director of the MIT Joint Program on the Science and Policy of Global Change. The Joint Program describes its mission as the study of “interactions between human and Earth systems to provide a sound foundation of scientific knowledge that will aid decision-makers in confronting the coupled challenges of future food, energy, water, climate and air pollution, among others.”
Antony Millner of the London School of Economics starts his talk by saying he’s been given the “distressing” task of describing what’s know about the “fat tails” of probability distribution that indicate catastrophic outcomes.
Geoff Heal, Columbia University, discusses how scientists and the IPCC focus on general tendencies related to climate change, whereas what economists need are more information about the outlying events, the disaster scenarios that motivate policy choices.