More research and analysis
💼 How firms can manage climate risks. The climate crisis will bring substantial risk to businesses' assets and operations. However, many firms have not implemented a comprehensive strategy to protect themselves. Sanjay Patnaik and Kira Fabrizio offer a climate risk planning framework and explain how to implement it.
🛢️ Regions that depend on fossil fuel. With the U.S. pushing to decarbonize, it's critical to support communities that have historically relied on oil, gas, and coal for their economic livelihoods. Glencora Haskins and Joseph Parilla share strategies for place-based investment.
💸 The social cost of carbon. As policymakers consider proposals that may increase or curb carbon emissions, they can use the social cost of carbon (SCC) to evaluate their decisions. Elijah Asdourian and David Wessel provide a helpful overview of the SCC, including how it's calculated.
📜 The Inflation Reduction Act's climate provisions. In August 2022, President Biden signed the Inflation Reduction Act. The bill could dramatically transform the energy sector of the U.S. economy, but the costs and the extent of new investment are highly uncertain, John Bistline, Neil Mehrotra, and Catherine Wolfram find.
