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Workshop: Improving the Assessment and Valuation of Climate Change Impacts for Policy and Regulatory Analysis: Modeling Climate Change Impacts and Associated Economic Damages (2011 - part 2)

Paper Number: EE-0566

Document Date: 01/27/2011

Author(s):  U.S. Environmental Protection Agency

Subject Area(s):

Economic Analysis,  Economic Impacts, Benefit-Cost Analysis, Climate Change, Social Cost of Carbon

Keywords: Economic Analysis,  Economic Impacts, Benefit-Cost Analysis, Climate Change, Social Cost of Carbon, Integrated Assessment Models

Summary: 

EPA's National Center for Environmental Economics (NCER) and Climate Change Division (CCD), together with DOE’s Office of Policy and International Affairs sponsored a two-day workshop on Modeling Climate Change Impacts and Associated Economic Damages. This was the first in an EPA/DOE workshop series, "Improving the Assessment and Valuation of Climate Change Impacts for Policy and Regulatory Analysis."  

The impetus for this workshop series was the 2009-2010 inter-agency 'social cost of carbon' workgroup that used the DICE, FUND, and PAGE integrated assessment models to estimate time paths of the social cost of carbon for use in future U.S. government regulatory analyses.  The U.S. government’s intention is to revise these estimates, taking into account new research findings that were not included in the first round. To help motivate and inform this process, EPA and DOE are hosting a series of workshops. The November 18-19, 2010, workshop focused on conceptual and methodological issues related to integrated assessment modeling and valuing climate change impacts, along with methods of incorporating these estimates into policy analysis. This second workshop (January 27-28, 2011) reviews research on estimating impacts and valuing damages on a sectoral basis.

Contents of attached file include:

Executive Summary for 2010 and 2011 Workshops

2011 Summary Report

2011 Workshop Agenda

Introduction

  • Opening Remarks – Progress in estimating climate change impacts: Michael Oppenheimer, Princeton University (abstract and presentation)
  • Opening Remarks – Progress in valuing climate damages: William Cline, Peterson Institute for International Economics (abstract)

Sessions covering research on various impact categories:

Storms and Other Extreme Weather Events

  • Impact of Climate Change on Storms and Other Extreme Weather Events -Tom Knutson, National Oceanic and Atmospheric Administration (abstract and presentation)
  • Global Damages from Storms and Other Extreme Weather Events -Robert Mendelsohn, Yale University (abstract and presentation)

Water Resources

  • Hydrological/Water Resource Impacts of Climate Change - Ken Strzepek, University of Colorado, Boulder, and Massachusetts Institute of Technology (presentation))
  • Estimating the Economic Impact of Changes in Water Availability - Brian Hurd, New Mexico State University (abstract and presentation)

Agriculture

  • Biophysical Responses of Agro-ecosystems to Climate Change - Cynthia Rosenzweig, NASA Goddard Institute for Space Studies (presentation)
  • Estimating the Economic Impact of Climate Change in the Agricultural Sector - Wolfram Schlenker, Columbia University (abstract and presentation)

Human Health

  • Climate-Associated Changes in Health Conditions/Diseases and Air Pollution - Kristie Ebi, Carnegie Institution for Science (abstract and presentation)
  • Estimating the Economic Value of Health Impacts of Climate Change  - Maureen Cropper, Resources for the Future and University of Maryland, College Park (abstract and presentation)

Sea Level Rise

  • Sea Level Impacts of Climate Change - Robert Nicholls, University of Southampton (abstract and  presentation)
  • Estimating the Economic Impact of Sea Level Rise - Richard Tol, Economic and Social Research Institute (abstract and presentation)

Marine Ecosystems and Resources

  • Modeling Climate and Ocean Acidification Impacts on Ocean Biogeochemistry - Sarah Cooley, Woods Hole Oceanographic Institute (abstract and presentation)
  • Modeling Climate and Acidification Impacts on Fisheries and Aquaculture - Paul McElhany, National Oceanic and Atmospheric Administration (presentation)
  • Economic Impact of Climate Change and Ocean Acidification on Fisheries - David Finnoff, University of Wyoming (abstract and presentation)
  • Non-market Valuation of Climate and Acidification Impacts on Marine Resources - John Whitehead, Appalachian State University (abstract and presentation)

Terrestrial Ecosystems and Forestry

  • Biological Responses of Terrestrial Ecosystems to Climate Change - Karen Carney, Stratus Consulting (abstract and presentation)
  • Estimating the Economic Impact of Climate Change on Forestry - Brent Sohngen, Ohio State University (abstract and presentation)
  • Valuing Climate-associated Changes in Terrestrial Ecosystems and Ecosystem Services - Alan Krupnick, Resources for the Future (abstract and presentation)

Energy Production and Consumption

  • U.S. Energy Production and Consumption Impacts of Climate Change - Howard Gruenspecht, U.S. Energy Information Administration (abstract and presentation)
  • Impacts of Climate Change on Global Energy Production and Consumption - Jayant Sathaye, Lawrence Berkeley National Laboratory (abstract and presentation)

Socio-economic and Geopolitical Impacts

  • Regional Conflict and Climate Change - Nils Petter Gleditsch, Peace Research Institute Oslo (abstract and presentation)
  • Migration Impacts of Climate Change - Robert McLeman, University of Ottawa (abstract and presentation)

Panel Discussion: Incorporating Research on Climate Change Impacts into Integrated Assessment Modeling

Panelists:

  • David Anthoff, University of California, Berkeley
  • Anthony Janetos, Joint Global Change Research Institute, Pacific Northwest National Laboratory (presentation)
  • Robert Mendelsohn, Yale University
  • Cynthia Rosenzweig, NASA Goddard Institute for Space Studies
  • Gary Yohe, Wesleyan University (abstract and presentation)

This workshop is part of the Environmental Policy and Economics Workshop Series.

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