Valuing Weather And Climate

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Valuing Weather and Climate

Author : Anonim
Publisher : Unknown
Page : 286 pages
File Size : 55,8 Mb
Release : 2015
Category : Climatic changes
ISBN : 9263111537

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Valuing Weather and Climate by Anonim Pdf

Economic Value of Weather and Climate Forecasts

Author : Richard W. Katz,Allan H. Murphy
Publisher : Cambridge University Press
Page : 244 pages
File Size : 40,7 Mb
Release : 1997
Category : Business & Economics
ISBN : 0521435714

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Economic Value of Weather and Climate Forecasts by Richard W. Katz,Allan H. Murphy Pdf

Weather and climate extremes can significantly impact the economics of a region. This book examines how weather and climate forecasts can be used to mitigate the impact of the weather on the economy. Interdisciplinary in scope, it explores the meteorological, economic, psychological, and statistical aspects to weather prediction. The contributors encompass forecasts over a wide range of temporal scales, from weather over the next few hours to the climate months or seasons ahead, and address the impact of these forecasts on human behaviour. Economic Value of Weather and Climate Forecasts seeks to determine the economic benefits of existing weather forecasting systems and the incremental benefits of improving these systems, and will be an interesting and essential reference for economists, statisticians, and meteorologists.

Economic Value of Weather and Climate Forecasts

Author : Richard W. Katz (ed),Allan H. Murphy
Publisher : Cambridge University Press
Page : 239 pages
File Size : 54,6 Mb
Release : 1997-06-13
Category : Business & Economics
ISBN : 9780521434201

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Economic Value of Weather and Climate Forecasts by Richard W. Katz (ed),Allan H. Murphy Pdf

Weather and climate extremes can significantly impact the economics of a region. This book examines how weather and climate forecasts can be used to mitigate the impact of the weather on the economy. Interdisciplinary in scope, it explores the meteorological, economic, psychological, and statistical aspects to weather prediction. The contributors encompass forecasts over a wide range of temporal scales, from weather over the next few hours to the climate months or seasons ahead, and address the impact of these forecasts on human behaviour. Economic Value of Weather and Climate Forecasts seeks to determine the economic benefits of existing weather forecasting systems and the incremental benefits of improving these systems, and will be an interesting and essential reference for economists, statisticians, and meteorologists.

The Value of the Weather

Author : W. J. Maunder
Publisher : Routledge
Page : 425 pages
File Size : 48,9 Mb
Release : 2019-10-28
Category : Science
ISBN : 9781000692259

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The Value of the Weather by W. J. Maunder Pdf

Originally published in 1970, this book brings together the most significant and pertinent associations between man’s economic and social activities, and the variations in the atmospheric environment. Particular emphasis is placed on economic activities and the weather, economic analysis of weather and the benefits and costs of weather knowledge. In addition, some of the sociological, physiological, political, planning and legal aspects of atmospheric resources are discussed.

Weather Derivative Valuation

Author : Stephen Jewson,Anders Brix
Publisher : Cambridge University Press
Page : 393 pages
File Size : 45,9 Mb
Release : 2005-03-10
Category : Business & Economics
ISBN : 9781139444514

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Weather Derivative Valuation by Stephen Jewson,Anders Brix Pdf

Originally published in 2005, Weather Derivative Valuation covers all the meteorological, statistical, financial and mathematical issues that arise in the pricing and risk management of weather derivatives. There are chapters on meteorological data and data cleaning, the modelling and pricing of single weather derivatives, the modelling and valuation of portfolios, the use of weather and seasonal forecasts in the pricing of weather derivatives, arbitrage pricing for weather derivatives, risk management, and the modelling of temperature, wind and precipitation. Specific issues covered in detail include the analysis of uncertainty in weather derivative pricing, time-series modelling of daily temperatures, the creation and use of probabilistic meteorological forecasts and the derivation of the weather derivative version of the Black-Scholes equation of mathematical finance. Written by consultants who work within the weather derivative industry, this book is packed with practical information and theoretical insight into the world of weather derivative pricing.

Weather and Climate Services in Europe and Central Asia

Author : Anonim
Publisher : World Bank Publications
Page : 114 pages
File Size : 46,5 Mb
Release : 2008-01-01
Category : Nature
ISBN : 9780821375860

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Weather and Climate Services in Europe and Central Asia by Anonim Pdf

Weather and Climate Services in Europe and Central Asia is part of the World Bank Working Paper series. These papers are published to communicate the results of the Bank's ongoing research and to stimulate public discussion. Worldwide, the accuracy and value of weather and climate services are rising, bringing great economic benefits. However, many national hydrometeorological services in Europe and Central Asia are in decline. As a result, these potential gains are often missed. Much more could be done to mitigate weather disasters, support the productivity of smallholding and commercial agriculture, conserve energy, and promote safe aviation and transport by road and rail. Although capacity deficiencies are serious, they could be remedied significantly by relatively modest-but sustained-investments. Chapter 1 describes the worldwide growth in weather forecasting skill, presents principal issues and questions in Europe and Central Asia (ECA), and sets out the study's organization. Chapter 2 assesses the needs of the key sectoral clients of the national hydrometeorological services in the region. Chapter 3 addresses ECA's natural weather and climate issues: vulnerability to transboundary weather events, extreme weather, variable weather, and projected climate change. Chapter 4 presents the forecasting workflow, and then presents key regional and national capacity gaps. Chapter 5 discusses ways to estimate the economic benefit of existing and upgraded forecasting capacity. This study is part of an ongoing Regional Working Paper Series sponsored by the Chief Economist's Office in the Europe and Central Asia Region of the World Bank.

Weather & Climate Services for the Energy Industry

Author : Alberto Troccoli
Publisher : Springer
Page : 197 pages
File Size : 51,8 Mb
Release : 2018-01-03
Category : Social Science
ISBN : 9783319684185

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Weather & Climate Services for the Energy Industry by Alberto Troccoli Pdf

This open access book showcases the burgeoning area of applied research at the intersection between weather and climate science and the energy industry. It illustrates how better communication between science and industry can help both sides. By opening a dialogue, scientists can understand the broader context for their work and the energy industry is able to keep track of and implement the latest scientific advances for more efficient and sustainable energy systems. Weather & Climate Services for the Energy Industry considers the lessons learned in establishing an ongoing discussion between the energy industry and the meteorological community and how its principles and practises can be applied elsewhere. This book will be a useful guiding resource for research and early career practitioners concerned with the energy industry and the new field of research known as energy meteorology.

Weather Derivatives

Author : Antonis Alexandridis K.,Achilleas D. Zapranis
Publisher : Springer Science & Business Media
Page : 310 pages
File Size : 45,8 Mb
Release : 2012-11-30
Category : Business & Economics
ISBN : 9781461460718

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Weather Derivatives by Antonis Alexandridis K.,Achilleas D. Zapranis Pdf

​Weather derivatives are financial instruments that can be used by organizations or individuals as part of a risk management strategy to minimize risk associated with adverse or unexpected weather conditions. Just as traditional contingent claims, a weather derivative has an underlying measure, such as: rainfall, wind, snow or temperature. Nearly $1 trillion of the U.S. economy is directly exposed to weather-related risk. More precisely, almost 30% of the U.S. economy and 70% of U.S. companies are affected by weather. The purpose of this monograph is to conduct an in-depth analysis of financial products that are traded in the weather market. Presenting a pricing and modeling approach for weather derivatives written on various underlying weather variables will help students, researchers, and industry professionals accurately price weather derivatives, and will provide strategies for effectively hedging against weather-related risk. This book will link the mathematical aspects of the modeling procedure of weather variables to the financial markets and the pricing of weather derivatives. Very little has been published in the area of weather risk, and this volume will appeal to graduate-level students and researchers studying financial mathematics, risk management, or energy finance, in addition to investors and professionals within the financial services industry. ​

Making Climate Forecasts Matter

Author : National Research Council,Division of Behavioral and Social Sciences and Education,Board on Environmental Change and Society,Commission on Behavioral and Social Sciences and Education,Panel on the Human Dimensions of Seasonal-to-Interannual Climate Variability
Publisher : National Academies Press
Page : 189 pages
File Size : 48,8 Mb
Release : 1999-05-27
Category : Science
ISBN : 9780309173407

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Making Climate Forecasts Matter by National Research Council,Division of Behavioral and Social Sciences and Education,Board on Environmental Change and Society,Commission on Behavioral and Social Sciences and Education,Panel on the Human Dimensions of Seasonal-to-Interannual Climate Variability Pdf

El Nino has been with us for centuries, but now we can forcast it, and thus can prepare far in advance for the extreme climatic events it brings. The emerging ability to forecast climate may be of tremendous value to humanity if we learn how to use the information well. How does society cope with seasonal-to-interannual climatic variations? How have climate forecasts been usedâ€"and how useful have they been? What kinds of forecast information are needed? Who is likely to benefit from forecasting skill? What are the benefits of better forecasting? This book reviews what we know about these and other questions and identifies research directions toward more useful seasonal-to-interannual climate forecasts. In approaching their recommendations, the panel explores: Vulnerability of human activities to climate. State of the science of climate forecasting. How societies coevolved with their climates and cope with variations in climate. How climate information should be disseminated to achieve the best response. How we can use forecasting to better manage the human consequences of climate change.

Valuing Climate Damages

Author : National Academies of Sciences, Engineering, and Medicine,Division of Behavioral and Social Sciences and Education,Board on Environmental Change and Society,Committee on Assessing Approaches to Updating the Social Cost of Carbon
Publisher : National Academies Press
Page : 281 pages
File Size : 55,5 Mb
Release : 2017-06-23
Category : Science
ISBN : 9780309454209

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Valuing Climate Damages by National Academies of Sciences, Engineering, and Medicine,Division of Behavioral and Social Sciences and Education,Board on Environmental Change and Society,Committee on Assessing Approaches to Updating the Social Cost of Carbon Pdf

The social cost of carbon (SC-CO2) is an economic metric intended to provide a comprehensive estimate of the net damages - that is, the monetized value of the net impacts, both negative and positive - from the global climate change that results from a small (1-metric ton) increase in carbon-dioxide (CO2) emissions. Under Executive Orders regarding regulatory impact analysis and as required by a court ruling, the U.S. government has since 2008 used estimates of the SC-CO2 in federal rulemakings to value the costs and benefits associated with changes in CO2 emissions. In 2010, the Interagency Working Group on the Social Cost of Greenhouse Gases (IWG) developed a methodology for estimating the SC-CO2 across a range of assumptions about future socioeconomic and physical earth systems. Valuing Climate Changes examines potential approaches, along with their relative merits and challenges, for a comprehensive update to the current methodology. This publication also recommends near- and longer-term research priorities to ensure that the SC- CO2 estimates reflect the best available science.

Valuing Climate Change

Author : Samuel Fankhauser
Publisher : Routledge
Page : 211 pages
File Size : 52,7 Mb
Release : 2013-10-11
Category : Business & Economics
ISBN : 9781134168378

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Valuing Climate Change by Samuel Fankhauser Pdf

Within only a few years, global warming has emerged from scientific speculation into an environmental threat of worldwide concern. Yet the scientific community remains uncertain as to the long-term trends and effects of climate change, and this uncertainty has been seized on as justification for inaction by an international community reluctant to bear the costs of policies to reduce greenhouse gas emissions. Valuing Climate Change presents concrete, economic evidence of the need for action. Fankhauser assesses the costs of a doubling of GHG emissions to be a significant percentage of gross world product; a figure which he then compares to the costs of reducing emissions. In his comparison, he looks at regional as well as global estimates of damage, and takes account of the non-climate change benefits of GHG reductions, such as a switch in the energy sector to cleaner technologies or renewable fuels, and the impacts on transport, with reduced congestion and improved air quality. It is clear that the stakes are high, and Fankhauser believes that tougher targets may be needed than those set out in the Framework Convention on Climate Change. He assesses the optimum policy responses to GHG reduction, the likely instruments for achieving it and the potential for international cooperation in dealing with the problems. This is a major contribution to the rapidly changing debate on global warming.

Making Climate Forecasts Matter

Author : National Research Council,Division of Behavioral and Social Sciences and Education,Board on Environmental Change and Society,Commission on Behavioral and Social Sciences and Education,Panel on the Human Dimensions of Seasonal-to-Interannual Climate Variability
Publisher : National Academies Press
Page : 190 pages
File Size : 46,6 Mb
Release : 1999-06-27
Category : Science
ISBN : 9780309064750

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Making Climate Forecasts Matter by National Research Council,Division of Behavioral and Social Sciences and Education,Board on Environmental Change and Society,Commission on Behavioral and Social Sciences and Education,Panel on the Human Dimensions of Seasonal-to-Interannual Climate Variability Pdf

El Nino has been with us for centuries, but now we can forcast it, and thus can prepare far in advance for the extreme climatic events it brings. The emerging ability to forecast climate may be of tremendous value to humanity if we learn how to use the information well. How does society cope with seasonal-to-interannual climatic variations? How have climate forecasts been usedâ€"and how useful have they been? What kinds of forecast information are needed? Who is likely to benefit from forecasting skill? What are the benefits of better forecasting? This book reviews what we know about these and other questions and identifies research directions toward more useful seasonal-to-interannual climate forecasts. In approaching their recommendations, the panel explores: Vulnerability of human activities to climate. State of the science of climate forecasting. How societies coevolved with their climates and cope with variations in climate. How climate information should be disseminated to achieve the best response. How we can use forecasting to better manage the human consequences of climate change.

Weather Services for the Nation

Author : National Research Council,Division on Earth and Life Studies,Board on Atmospheric Sciences and Climate,Committee on the Assessment of the National Weather Service's Modernization Program
Publisher : National Academies Press
Page : 110 pages
File Size : 49,6 Mb
Release : 2012-11-02
Category : Science
ISBN : 9780309259750

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Weather Services for the Nation by National Research Council,Division on Earth and Life Studies,Board on Atmospheric Sciences and Climate,Committee on the Assessment of the National Weather Service's Modernization Program Pdf

During the 1980s and 1990s, the National Weather Service (NWS) undertook a major program called the Modernization and Associated Restructuring (MAR). The MAR was officially completed in 2000. No comprehensive assessment of the execution of the MAR plan, or comparison of the promised benefits of the MAR to its actual impact, had ever been conducted. Therefore, Congress asked the National Academy of Sciences to conduct an end-to-end assessment. That report, The National Weather Service Modernization and Associated Restructuring: A Retrospective Assessment, concluded that the MAR was a success. Now, twelve years after the official completion of the MAR, the challenges faced by the NWS are no less important than those of the pre-MAR era. The three key challenges are: 1) Keeping Pace with accelerating scientific and technological advancement, 2) Meeting Expanding and Evolving User Needs in an increasingly information centric society, and 3) Partnering with an Increasingly Capable Enterprise that has grown considerably since the time of the MAR. Weather Services for the Nation presents three main recommendations for responding to these challenges. These recommendations will help the NWS address these challenges, making it more agile and effective. This will put it on a path to becoming second to none at integrating advances in science and technology into its operations and at meeting user needs, leading in some areas and keeping pace in others. It will have the highest quality core capabilities among national weather services. It will have a more agile organizational structure and workforce that allow it to directly or indirectly reach more end-users, save more lives, and help more businesses. And it will have leveraged these capabilities through the broader enterprise. This approach will make possible societal benefits beyond what the NWS budget alone allows.

Valuing Climate Change Mitigation

Author : Sonia Akter,Jeff Bennett
Publisher : Edward Elgar Publishing
Page : 193 pages
File Size : 40,7 Mb
Release : 2012-01-01
Category : Science
ISBN : 9781781003336

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Valuing Climate Change Mitigation by Sonia Akter,Jeff Bennett Pdf

This enriching book presents a holistic overview of climate change uncertainty and offers a number of pathways that could be used to account for such uncertainties in the stated preference valuation research. It shows that uncertainty plays an important role in determining the values of climate change mitigation benefits and, as the authors say, 'If this uncertainty remains unaccounted for, there is a potential danger that the estimated economic values will misrepresent social preferences for public policy interventions to manage environmental externalities.' Valuing Climate Change Mitigation discusses the role of uncertainty in valuing the benefits of climate change mitigation policies using contingent valuation and choice experiments techniques. It treats climate change using three dimensions of uncertainty: scenario, policy and preference. Conceptual frameworks are advanced to account simultaneously for these various dimensions of uncertainty. The authors then explore the impact of introducing these uncertainties into benefit estimates for the Australian Carbon Pollutions Reduction Scheme. The authors present frameworks to account for multiple uncertainty in environmental decision analysis that will prove invaluable for academics and students in the fields of environmental economics and management. Policy makers will also gain invaluable methodological insight.

Attribution of Extreme Weather Events in the Context of Climate Change

Author : National Academies of Sciences, Engineering, and Medicine,Division on Earth and Life Studies,Board on Atmospheric Sciences and Climate,Committee on Extreme Weather Events and Climate Change Attribution
Publisher : National Academies Press
Page : 187 pages
File Size : 52,7 Mb
Release : 2016-07-28
Category : Science
ISBN : 9780309380973

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Attribution of Extreme Weather Events in the Context of Climate Change by National Academies of Sciences, Engineering, and Medicine,Division on Earth and Life Studies,Board on Atmospheric Sciences and Climate,Committee on Extreme Weather Events and Climate Change Attribution Pdf

As climate has warmed over recent years, a new pattern of more frequent and more intense weather events has unfolded across the globe. Climate models simulate such changes in extreme events, and some of the reasons for the changes are well understood. Warming increases the likelihood of extremely hot days and nights, favors increased atmospheric moisture that may result in more frequent heavy rainfall and snowfall, and leads to evaporation that can exacerbate droughts. Even with evidence of these broad trends, scientists cautioned in the past that individual weather events couldn't be attributed to climate change. Now, with advances in understanding the climate science behind extreme events and the science of extreme event attribution, such blanket statements may not be accurate. The relatively young science of extreme event attribution seeks to tease out the influence of human-cause climate change from other factors, such as natural sources of variability like El Niño, as contributors to individual extreme events. Event attribution can answer questions about how much climate change influenced the probability or intensity of a specific type of weather event. As event attribution capabilities improve, they could help inform choices about assessing and managing risk, and in guiding climate adaptation strategies. This report examines the current state of science of extreme weather attribution, and identifies ways to move the science forward to improve attribution capabilities.