In this article Louise Pryor, Roelof Coertze and Tim den Dekker overhear a surprising conversation implying that we are more worried about the solvency of our insurers than about the safety of our planet.
Continue reading “Is our planet as safe as an insurer?”Tag: carbon budget
Sharing remaining carbon emissions: what is fair?
By Louise Pryor
In order to meet the net zero goal that supports the Paris Agreement, global emissions will have to be drastically reduced over the coming years. In fact there is a limit on the remaining amount of emissions that the atmosphere can absorb before the global temperature rise will move above the agreed bounds – this limit is the remaining carbon budget. Global emissions will have to be cut drastically to stay within the budge. The question that this paper considers is how the remaining carbon budget should be allocated, and what might be considered “fair” in this context.
Continue reading “Sharing remaining carbon emissions: what is fair?”Time value of carbon
Actuaries regularly use discounting as a tool for determining the present cost of future payments. In ACC discussion paper 1, Louise Pryor considers the applicability of discounting to carbon emissions and whether there are other tools that could be used to address the time value of carbon.
Continue reading “Time value of carbon”