Response to the confirmation from the UK Met Office, NASA and the United States National Oceanic and Atmospheric Administration that the global mean surface temperature in 2015 was the highest since records began. read more »
Many investments involve both a long time horizon and risky returns. Making investment decisions thus requires assumptions about time and risk preferences. Such assumptions are frequently contested, particularly in the … read more »
Seasonal climate forecasts (SCF) provide information about future climate variability that has the potential to benefit organisations and their decision-making. However, the production and availability of SCF does not guarantee its use in decision-making per se as a range of factors and conditions influence its use in different decision-making contexts. The aim of this paper […]
Lettter from Bob Ward, Policy and Communications Director of the Institute, raises concerns about “inaccurate and misleading claims” in the testimony submitted by Dr Bjorn Lomborg to the House of … read more »
The permafrost carbon feedback is not currently taken into account in economic assessments of climate change, yet it could have important implications for the social cost of carbon and the … read more »
We study collective choice when individuals have heterogeneous discounted utilitarian preferences. Two attractive properties of intertemporal preferences are indistinguishable for individuals, but have dramatically dierent implications for collective choice. Time … read more »
A new paper by Bjorn Lomborg, which has received publicity around the world, suffers from a “fundamental methodological flaw” which nullifies its conclusions, according to a commentary accepted for publication in the same journal, which has been released today (2 December 2015). read more »
Lomborg (2015) suffers from a fundamental methodological flaw which means that it could not fulfil its aim, stated in the ‘Abstract’, to investigate “the temperature reduction impact of major climate … read more »
FT, 9 November
How large a risk is society prepared to run with the climate system? One perspective on this is to compare the risk that the world is running with the climate … read more »
