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The high frequency of satellite launches, particularly over the last few years, has been a subject of significant concern, particularly relating to the future of observational astronomy, the stability of low Earth orbits, and environmental…
Sustainability of common-pool resources hinges on the interplay between human and environmental systems. However, there is still a lack of a novel and comprehensive framework for modelling extraction of common-pool resources and cooperation…
This paper proposes a brand-new measure of energy efficiency at household level and explores how it is affected by access to credit. We calculate the energy and carbon intensity of the related sectors, which experience a substantial decline…
Complex Earth System Models are widely utilised to make conditional statements about the future climate under some assumptions about changes in future atmospheric greenhouse gas concentrations; these statements are often referred to as…
CO$_2$ emission reduction and increasing volatile renewable energy generation mandate stronger energy sector coupling and the use of energy storage. In such multi-modal energy systems, it is challenging to determine the effect of an…
Despite well-meaning scenarios that propose global CO2 emissions will decline presented in every IPCC report since 1988, the trend of global CO2 increase continues without significant change. Even if any individual nation manages to flatten…
The aim of this work is to propose an end-by-end modeling framework to evaluate the risk measures of a bank's portfolio of collateralized loans in an economy subject to the climate transition. The economy, organized in sectors, is driven by…
Mapping pathways to achieving the sustainable development goals requires understanding and predicting how social, economic and political factors impact biodiversity. Trends in demography, economic growth, regional alliances and consumption…
We consider off-policy policy evaluation when the trajectory data are generated by multiple behavior policies. Recent work has shown the key role played by the state or state-action stationary distribution corrections in the infinite…
Climate modification measures to counteract global warming receive some more new attentions in these years. Most current researches only discuss the impact of these measures to climate, but how to design such a climate regulator is still…
Given multi-model ensemble climate projections, the goal is to accurately and reliably predict future sea-level rise while lowering the uncertainty. This problem is important because sea-level rise affects millions of people in coastal…
Global warming is a major environmental concern of our times. It has been suggested that the planting of trees could constitute a way of mitigating the adverse effects of the increasing anthropogenic carbon emissions. We developed a simple…
I measure adaptation to climate change by comparing elasticities from short-run and long-run changes in damaging weather. I propose a debiased machine learning approach to flexibly measure these elasticities in panel settings. In a…
Few studies quantify how traffic management dynamically reshapes modal split and emission-exposure outcomes over pollution severities. This paper proposes a novel day-to-day assignment model integrating exposure cost, which includes…
The carbon-reducing effect of attention is scarcer than that of material resources, and when the government focuses its attention on the environment, resources will be allocated in a direction that is conducive to reducing carbon. Using…
In this paper, we present a methodology for measuring the impact of scenarios on the expected losses of exposures by leveraging the existing provisioning infrastructure within financial institutions, where scenario effects are captured…
Integrated assessment models have become the primary tools for comparing climate policies that seek to reduce greenhouse gas emissions. Policy comparisons have often been performed by considering a planner who seeks to make optimal…
We propose a general interpretation for long-range correlation effects in the activity and volatility of financial markets. This interpretation is based on the fact that the choice between `active' and `inactive' strategies is subordinated…
Cities have become primary actors on climate change and are increasingly setting goals aimed at net-zero emissions. The rapid proliferation of subnational governments "racing to zero" emissions and articulating their own climate mitigation…
We present an entirely new physics founded approach to estimating the social cost of carbon (SCC). For this, we developed our Ocean-Heat-Content Physics and Time Macro Economic Model (OPTiMEM) to estimate future heat content (separately…