Climate Economics

Holmes Hummel: Forecasts, Scenarios and Outlooks. Perspectives on our Energy Future

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 former student of two of the other panelists, and recent Senior Advisor at the U.S. Department of Energy.  Holmes discusses the various “species of analytic tools” that the DOE and others use to anticipate the future energy landscape.

Karen Hussey: Large-scale Electrification: The Stress Nexus With Water

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.

Intergenerational Differences in Carbon Emissions

Changing people’s carbon emission patterns requires first understanding the differences in behaviors and corresponding emissions levels between different groups of people. A recent paper by Chancel in the journal Ecological Economics investigated the differences in carbon emissions between different generations in the U.S. and France. The author examined carbon emissions by American and French

Down-scaling Climate Models Without Up-scaling Costs

A recent study published in Global and Planetary Change demonstrates cost-saving opportunities in the otherwise computationally expensive process of high-resolution climate modeling.  General Circulation Models (GCMs, occasionally also referred to as ‘global climate models’) are extremely useful tools used to understand how our climate system works.  The models use mathematical equations to describe the physics of the oceans and atmosphere.  These equations quantify, for example, how hot air tends to rise (the reason hot air balloons fly) and how the wind flows from high-pressure areas to l

Benefits Outweigh Costs of Massive Renewable Energy Deployment

The power grid is a massively complicated network of generators, power converters, and transmission lines controlled through the cooperation of numerous private corporations and local and international agencies. Grid operators rely on long and short-term “to-the-minute” weather predictions and other inputs to predict demand and prevent disruption. Government policies and economic constraints of the coming decades require the grid in the United States (and elsewhere) to become even more intelligent, interconnected, and efficient.

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