Risk Analysis and Uncertainty
Discussions about climate change, natural disasters, and financial markets often center on risk management, highlighting the extreme losses that can occur. Research at RFF focuses on ways to quantify and reduce uncertainty, as well as detect, mitigate, and transfer the risk associated with disasters and climate change.
Journal Article — May 20, 2019
Ice Sheet Contributions to Future Sea Level Rise from Structured Expert Judgment
Future sea level rise (SLR) poses serious threats to the viability of coastal communities but continues to be challenging to project using deterministic modeling approaches.
Journal Article — Mar 29, 2019
Monetizing the Value of Measurements of Equilibrium Climate Sensitivity Using the Social Cost of Carbon
This study shows how real options theory in combination with the social cost of carbon may help to calculate the value of information regarding equilibrium climate sensitivity and estimate the relative advantages of two different Earth Observing Systems.
Working Paper — Feb 22, 2019
Reducing Risk in Merchant Wind and Solar Projects through Financial Hedges
We explore the risks and costs of financial hedges in renewable energy.
Workshops & Seminars — Dec 11, 2018
The Confidence Trap and Dysfunctional Dialogues about Climate Change: ETH Zurich
Workshops & Seminars — Nov 28, 2016
Disasters, Resilience, and the "Cure" for Catastrophe
At this RFF event, Robert Muir-Wood, chief research officer of Risk Management Solutions and author of The Cure for Catastrophe: How We Can Stop Manufacturing Natural Disasters, explored the human causes of disaster and the new technologies and policy tools available to minimize their impact.
Webinar — Dec 17, 2015
Managing Risk: The Case of Wastewater Storage in Shale Gas Development
Experts discussed new research on the risks associated with storage pits versus tanks, and the choices states have made to regulate storage options.