2026-09-22T09:59:59Z https://www.ideals.illinois.edu/oai-pmh

oai:www.ideals.illinois.edu:2142/129372 2025-10-20 col_2142_5131 col_2142_8859 com_2142_5130 com_2142_8858 com_2142_234

application/pdf en text Submission original under an indefinite embargo labeled 'Open Access'. The submission was exported from vireo on 2025-10-19 without embargo terms The student, Adam Bauer, accepted the attached license on 2025-03-27 at 14:11. The student, Adam Bauer, submitted this Dissertation for approval on 2025-03-27 at 14:17. This Dissertation was approved for publication on 2025-04-03 at 13:40. DSpace SAF Submission Ingestion Package generated from Vireo submission #21671 on 2025-10-19 at 18:17:46 The physics, economics, and political economy of climate risk Bauer, Adam Michael 2025-04-03 Proistosescu, Cristian Sriver, Ryan Gammie, Charles F Wagner, Gernot Droegemeier, Kelvin K climate risk climate economics climate science climate change risk political economy eng 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. 2025-05 Thesis https://hdl.handle.net/2142/129372 2024, Adam Michael Bauer Physics Physics University of Illinois Urbana-Champaign Ph.D. Dissertation