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First-best climate policy is a uniform carbon tax which gradually rises over time. Civil servants have complicated climate policy to expand bureaucracies, politicians to create rents. Environmentalists have exaggerated climate change to…

Economics · Quantitative Finance 2018-01-16 Richard S. J. Tol

Climate policy has become increasingly politicized in many countries including the US, with some political parties unwilling to pursue strong measures. Therefore, to be successful in mitigation, climate policies must be politically…

Physics and Society · Physics 2024-03-13 Andrea Di Benedetto , Claudia E. Wieners , Anna S. von der Heydt

We study how motivated reasoning affects the provision of climate policy in an electoral competition framework. Voters experience anticipatory disutility when future outcomes appear grim and may therefore distort beliefs in response to…

Theoretical Economics · Economics 2026-01-14 Philipp Denter

This article proposes a fundamental methodological shift in the modelling of policy interventions for sustainability transitions in order to account for complexity (e.g. self-reinforcing mechanism arising from multi-agent interactions) and…

Physics and Society · Physics 2016-03-23 J. -F. Mercure , H. Pollitt , A. M. Bassi , J. E Viñuales , N. R. Edwards

Climate change and environmental concerns represent a global crisis accompanied by significant economic challenges. Regular international conferences held to address these issues, such as in the UK (2021) and Egypt (2022), spark debate…

General Economics · Economics 2024-04-12 Reza Hafezi , David A. Wood , Firouzeh Rosa Taghikhah

Climate change is the long-term shift in global weather patterns, largely caused by anthropogenic activity of greenhouse gas emissions. Global climate temperatures have unmistakably risen and naturally occurring climate variability alone…

Physics and Society · Physics 2023-01-26 Junze Zhang , Kerry Zhang , Mary Zhang , Jonathan H. Jiang , Philip E. Rosen , Kristen A. Fahy

For a variety of inter-related cultural, organizational, and political reasons, progress in climate science and the actual solution of scientific problems in this field have moved at a much slower rate than would normally be possible. Not…

Physics and Society · Physics 2012-10-09 Richard S. Lindzen

The mitigation of climate change requires a fundamental transition of the energy system. Affordability, reliability and the reduction of greenhouse gas emissions constitute central but often conflicting targets for this energy transition.…

A successful response to climate change needs vast investments in low-carbon research, energy, and sustainable development. Governments can drive research, provide environmental regulation, and accelerate global development, but the…

Physics and Society · Physics 2018-09-26 Anthony J. Webster

Climate Change is an incredibly complicated problem that humanity faces. When many variables interact with each other, it can be difficult for humans to grasp the causes and effects of the very large-scale problem of climate change. The…

Machine Learning · Computer Science 2022-12-01 Theodore Wolf

Failures of cooperation cause many of society's gravest problems. It is well known that cooperation among many players faced with a social dilemma can be maintained thanks to the possibility of punishment, but achieving the initial state of…

Physics and Society · Physics 2015-06-05 Samuel Johnson

Achieving a just and sustainable transition requires the pursuit of multiple social and environmental targets. Two primary barriers impede this process: (1) targets are often in conflict with each other, and (2) policies aimed at these…

Climate adaptation could yield significant benefits. However, the uncertainty of which future climate scenarios will occur decreases the feasibility of proactively adapting. Climate adaptation projects could be underwritten by benefits paid…

General Finance · Quantitative Finance 2022-07-06 John Nay

The current framework for climate change negotiation models presents several limitations that warrant further research and development. In this track, we discuss mainly two key areas for improvement, focusing on the geographical impacts and…

Computers and Society · Computer Science 2023-07-27 Duo Zhang , Yuren Pang , Yu Qin

Our infrastructure systems enable our well-being by allowing us to move, store, and transform materials and information given considerable social and environmental variation. Critically, this ability is shaped by the degree to which society…

Theoretical Economics · Economics 2025-10-28 Adam Wiechman , John M. Anderies , Margaret Garcia

Anthropogenic emissions of CO2 must soon approach net-zero to stabilize the global mean temperature. Although several international agreements have advocated for coordinated climate actions, their implementation has remained below…

Physics and Society · Physics 2022-04-26 Saverio Perri , Simon Levin , Lars O. Hedin , Nico Wunderling , Amilcare Porporato

Conventional economic analysis of stringent climate change mitigation policy generally concludes various levels of economic slowdown as a result of substantial spending on low carbon technology. Equilibrium economics however could not…

Physics and Society · Physics 2015-01-29 J. F. Mercure , H. Pollitt , U. Chewpreecha , P. Salas , A. Foley , P. B. Holden , N. R. Edwards

The net-zero energy transition is an extraordinary societal challenge. It requires a swift, radical and economy wide transformation. With the aim of informing research and policy, we identify general phases of this transition and the…

Physics and Society · Physics 2023-11-17 Joche Markard , Daniel Rosenbloom

Addressing climate change requires global coordination, yet rational economic actors often prioritize immediate gains over collective welfare, resulting in social dilemmas. InvestESG is a recently proposed multi-agent simulation that…

Machine Learning · Computer Science 2026-02-13 Juan Agustin Duque , Razvan Ciuca , Ayoub Echchahed , Hugo Larochelle , Aaron Courville

We developed a coupled social-climate network model to understand the interaction between climate change opinion spread and the climate system and determine the role of this interaction in shaping collective actions and global temperature…

Dynamical Systems · Mathematics 2025-03-07 Athira Satheesh Kumar , Krešimir Josić , Chris T Bauch , Madhur Anand
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