The next RISK-KAN Webinar will take place on Tuesday, 18th April 2023 at 16:00 CEST concerning the question “How Should Climate Change Uncertainty Impact Social Valuation and Policy?”
The webinar will examine the transition to a carbon neutral economy through innovation and R&D to reduce the cost of carbon abatement. It also focuses on the economic and geoscientific uncertainties associated with this transition and how these mechanisms affect society’s valuation of climate change externalities. It is shown that uncertainty about climate dynamics, economic damages from climate change and the arrival of carbon-neutral technology shocks leads to a focus on R&D investment rather than direct emission reductions, with the social value of R&D increasing significantly when these uncertainties are considered together. Michael Barnett, Assistant Professor of Finance in the Department of Finance at Arizona State University’s W. P. Carey School of Business will also join the event.
If you would like to join the webinar, you can do so by using the following link (ZOOM) .
Meeting ID: 614 2696 9311 / Passcode: 21135931