How Markets Adapt to Climate Change

Source: Property and Environment Research Center
by Matthew E Kahn

“We have two chief strategies to cope with the threat of climate change. First, we can mitigate the threat by reducing our production of greenhouse gas emissions. Second, we can adapt to the threat by changing how we live in response to new threats. My work largely focuses on the second strategy. It explores how people, firms, and governments can adapt to the risks posed by climate change and how we can change our lives even as climate change grows more severe.” (07/19/21)