MAR 28 2011

Climate Change and Discount Rates

Activism, Climate, Climate change, Cost-benefit analysis, Discount rate, Discounting, Environment, Impacts and Indicators, United States Treasury security

Image via Wikipedia Global Mean Surface Temperature Difference Data Many analysts have observed that the range of the expected future impacts of anthropogenic climate change is highly dependent upon discount rates.  Depending upon the time horizon and discount rate selected, one can derive almost any desired outcome.  Given this observation, it is crucial that one…

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MAR 25 2010

“Ice-Nine” and Risk Analysis

Atomic nucleus, Cost-benefit analysis, Earth, Global warming, Proton, Risk Analysis, Strangelet

Image via Wikipedia There are many species ending (i.e., the extinction of mankind) catastrophe scenaria. Many people agree that the most likely is the collision of a 10-kilometer or greater diameter asteroid with Earth (estimated annual risk is 10^-8). Other scenaria include pandemics, global warming, and technology itself turning on its creators. Some potential catastrophes…

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