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The physics, economics, and political economy of climate risk
Bauer, Adam Michael
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https://hdl.handle.net/2142/129372
Description
- Title
- The physics, economics, and political economy of climate risk
- Author(s)
- Bauer, Adam Michael
- Issue Date
- 2025-04-03
- Director of Research (if dissertation) or Advisor (if thesis)
- Proistosescu, Cristian
- Doctoral Committee Chair(s)
- Sriver, Ryan
- Committee Member(s)
- Gammie, Charles F
- Wagner, Gernot
- Droegemeier, Kelvin K
- Department of Study
- Physics
- Discipline
- Physics
- Degree Granting Institution
- University of Illinois Urbana-Champaign
- Degree Name
- Ph.D.
- Degree Level
- Dissertation
- Keyword(s)
- climate risk
- climate economics
- climate science
- climate change
- risk
- political economy
- Abstract
- A holistic treatment of the issue of climate change-related risk requires merging three topics from natural and social science: climate physics, economics, and the political economy. In this thesis, I discuss each of these aspects of the issue of climate change in isolation and in tandem. In particular, I present physical models for how soil moisture influences temperature extremes and how we may learn climate sensitivity from new observations in the future. I formulate and solve numerous integrated climate-economy models, including an asset pricing-based approach to carbon taxation and a model for how political economy constraints influence optimal decarbonization investment strategies. Each of these papers is meant to shed light on the myriad dimensions of the climate issue, discuss limitations in our current approaches, and provide insight into what can be done in the future.
- Graduation Semester
- 2025-05
- Type of Resource
- Thesis
- Handle URL
- https://hdl.handle.net/2142/129372
- Copyright and License Information
- 2024, Adam Michael Bauer
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Graduate Dissertations and Theses at Illinois PRIMARY
Graduate Theses and Dissertations at IllinoisManage Files
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