Economics of Climate Change

Led by SCEPA economist Willi Semmler, SCEPA's Economics of Climate Change project explores effective climate change policy in light of fragile domestic and global economies and the practicalities of mitigation strategies such as renewable energy.

Insights Blog

Why Carbon Reduction Should Be a Public Service

As the impacts of climate change – from wildfires to flooding – become impossible to ignore, calls to adapt our economy are joined by calls to remove and store existing carbon dioxide, a process known as carbon drawdown. In response, market actors have launched profitable ventures in mechanical-chemical carbon dioxide removal (CDR) and sought government support. But just how effective and sustainable are these ventures? In a recently published paper, New School for Social Research PhD candidate...

Record Demand for Germany's Debut Green Bond

Research from SCEPA economists studying the economic impacts of climate change and mitigation policies show green bonds have great potential to help countries across the world increase environmental investments and reach emission targets.

Fiscal Policies for a Low-Carbon Economy

The World Bank commissioned a team of New School economists to investigate fiscal policies that will help us move from a high-carbon economy to a low-carbon economy while minimizing financial instability.

Resource Library

The Economics of Climate Change

In light of the urgency presented by global warming, this policy note makes a case for ambitious mitigation policies aimed at reducing carbon emission.

Economic Growth and Climate Change

Working Paper— This working paper sheds light on the various theories which attempt to explain the relationship between economic growth and climate change.

Economic Damages from Climate Change

Working paper — This working paper clarifies one of the most important aspects in evaluating the SCC in IAMs - the damage function - which maps environmental changes to economic impacts.