When researchers consider the economic costs of climate change, they often estimate models based on historical temperature and economic data. But it can be difficult to account for adaptation. Typically, these models estimate an upper bound of the economic costs of climate change. Future adaptation, it is assumed, will reduce those costs. But adaptation could play a more … [Read more...] about Can Small Farmers Adapt to Climate Change Shocks?
What's the big fuss over 2 degrees Celsius? That's the temperature increase to which 195 countries agreed to limit global warming at the 2015 Paris climate talks. And it would seem to be trivial. A 2-degrees-Celsius (3.6 degrees Fahrenheit) increase from 4.4 to 6.4 Celsius (40-43.6 Fahrenheit), after all, doesn't have us shedding our Shetland sweaters for shorts and a tank top. … [Read more...] about Global Warming: Why a Couple Degrees Makes All the Difference