The Uncertainties of Climate Change

How can we incentivize the private and public sectors to develop and deploy solutions to climate change, while accounting for uncertainties? This episode of The Pie covers a panel discussion among professors David Keith of the Department of the Geophysical Sciences at UChicago and founding faculty director of the university’s Climate Systems Engineering initiative, Franklin Allen of Imperial College in London, and José Scheinkman of Columbia. Lars Peter Hansen, The David Rockefeller Distinguished Service Professor in Economics, Statistics in the Kenneth C. Griffin Department of Economics and the Booth School of Business and winner of the 2013 Nobel Prize in Economics, moderates. This podcast was part of a climate change conference, co-sponsored by the Macro Finance Research Program at the University of Chicago and the Brevan Howard Centre for Financial Analysis at Imperial College Business School, exploring uncertainty and tipping points. More information on the event can be found here.