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Climate

See the latest research, articles and faculty on the Climate Area of Expertise at Columbia Business School.

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Latest on Climate

Climate and Solutions, Climate and Technology, Food Systems, Industry
Date
June 06, 2023
Growing plants using aeroponics
Climate and Solutions, Climate and Technology, Food Systems, Industry

AeroFarms Breaks New Ground by Not Breaking Ground

CBS alum David Rosenberg '02 turns agriculture on its head — and in the process helps solve the global water crisis.
  • Read more about AeroFarms Breaks New Ground by Not Breaking Ground about AeroFarms Breaks New Ground by Not Breaking Ground
Capital Markets and Investments, Climate and Solutions, Finance and Economics, Real Estate
Type
Finance & Economics
Date
May 09, 2023
Capital Markets and Investments, Climate and Solutions, Finance and Economics, Real Estate

How Remote Work Is Reshaping the Future of Real Estate

Columbia Business School's Stijn Van Nieuwerburgh shares his insights from his research into how a shift toward remote and hybrid work, combined with rising interest rates and a transition to a green economy, is changing real estate.
  • Read more about How Remote Work Is Reshaping the Future of Real Estate about How Remote Work Is Reshaping the Future of Real Estate
Climate and Solutions, Climate and Sustainability, Leadership, Organizations
Date
May 05, 2023
CBS Photo Image
Climate and Solutions, Climate and Sustainability, Leadership, Organizations

Democratizing Sustainability Through Technology

Donnel Baird ’13, CEO and founder of BlocPower, joined Columbia Business School Professor Bruce Kogut as part of the Business, AI, and Democracy initiative’s BAID @TheHub speaker series.
  • Read more about Democratizing Sustainability Through Technology about Democratizing Sustainability Through Technology
Entrepreneurship, Innovation
Date
April 21, 2023
A coniferous forest
Entrepreneurship, Innovation

Three CBS Founders Share How They're Cultivating Sustainability-Focused Startups

Freeda Johnson '23, Alex Zhang '22 and Aileen Lee '23 discuss how they have grown their ideas into successful businesses and the approaches they employ to drive future growth.
  • Read more about Three CBS Founders Share How They're Cultivating Sustainability-Focused Startups about Three CBS Founders Share How They're Cultivating Sustainability-Focused Startups
Climate and Finance, Climate and Technology, Finance and Economics, Green Hydrogen, Industry, Risk Management
Date
March 30, 2023
Professor Shiva Rajgopal
Climate and Finance, Climate and Technology, Finance and Economics, Green Hydrogen, Industry, Risk Management

Greenwashing: Why Is It So Common and How Can We Combat It? 

CBS Professor Shivaram Rajgopal weighs in on the challenges and possible solutions.
  • Read more about Greenwashing: Why Is It So Common and How Can We Combat It?  about Greenwashing: Why Is It So Common and How Can We Combat It? 
Carbon Capture, Climate and Finance, Energy Solutions, Industry
Date
March 30, 2023
Wind turbines in a wind farm
Carbon Capture, Climate and Finance, Energy Solutions, Industry

Does The SEC's Names Rule Fix The 'Truth In Advertising' Issue With U.S. Funds?

The rule is a step in the right direction but structural problems with labels will continue to be an issue.
  • Read more about Does The SEC's Names Rule Fix The 'Truth In Advertising' Issue With U.S. Funds? about Does The SEC's Names Rule Fix The 'Truth In Advertising' Issue With U.S. Funds?
Artificial Intelligence, Climate and Policy, Climate and Technology, Energy Solutions, Industry, Plastics, Technology
Date
March 02, 2023
Donnel Baird '13, CEO of BlocPower, right, and CBS Professor Bruce Kogut.
Artificial Intelligence, Climate and Policy, Climate and Technology, Energy Solutions, Industry, Plastics, Technology

Democratizing Sustainability: Donnel Baird '13 on How Businesses and Technology Can Save the World

The BlocPower CEO joined CBS Professor Bruce Kogut at an event that was part of the BAID @TheHub speaker series.
  • Read more about Democratizing Sustainability: Donnel Baird '13 on How Businesses and Technology Can Save the World about Democratizing Sustainability: Donnel Baird '13 on How Businesses and Technology Can Save the World
Artificial Intelligence, Blockchain, Climate and Technology, Cryptocurrency, Broadcasting and Digital Era, Technology, Venture Capital
Date
February 21, 2023
Marc Randolph, co-founder of Netflix, speaking on stage at the Alleycon conference.
Artificial Intelligence, Blockchain, Climate and Technology, Cryptocurrency, Broadcasting and Digital Era, Technology, Venture Capital

Alleycon Recap: Key Takeaways from This Year's Tech, VC, and Startup Conference

A daylong series of panels, speeches, and keynotes covered such topics as generative AI, digital health, climate, venture capital, and decentralized finance.
  • Read more about Alleycon Recap: Key Takeaways from This Year's Tech, VC, and Startup Conference about Alleycon Recap: Key Takeaways from This Year's Tech, VC, and Startup Conference

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Climate Faculty

Latest Climate Research

Why Chinese discount future financial and environmental gains but not losses more than Americans

Authors
Min Gong, David Krantz, and Elke Weber
Date
January 1, 2014
Format
Journal Article
Journal
Journal of Risk and Uncertainty

Understanding country differences in temporal discounting is critical for extending incentive-based environmental policies successfully from developed countries to developing countries. We examined differences between Chinese and Americans in discounting of future financial and environmental gains and losses. In general, environmental use value was discounted significantly more than the monetary values, but environmental existence value was discounted similarly to the monetary values. Confirming previous research, we found that participants discounted gains significantly more than losses.

Read More about Why Chinese discount future financial and environmental gains but not losses more than Americans

Reducing carbon-based energy consumption through changes in household behavior

Authors
T. Dietz, Paul Stern, and Elke Weber
Date
January 1, 2013
Format
Journal Article
Journal
Daedalus

Actions by individuals and households to reduce carbon-based energy consumption have the potential to change the picture of U.S. energy consumption and carbon dioxide emissions in the near term. To tap this potential, however, energy policies and programs need to replace outmoded assumptions about what drives human behavior; they must integrate insights from the behavioral and social sciences with those from engineering and economics. This integrated approach has thus far only occasionally been implemented.

Read More about Reducing carbon-based energy consumption through changes in household behavior

Broadband Networks, Smart Grids and Climate Change

Authors
Eli Noam, Lorenzo Pupillo, and Johann Kranz
Date
January 1, 2013
Format
Book
Publisher
Springer

In smart grids the formerly separated worlds of energy and telecommunication converge to an interactive and automated energy supply system. Driven by social, legal, and economic pressures, energy systems around the globe are updated with information and communication technology. These investments aim at enhancing energy efficiency, securing affordable energy supply, and mitigate climate change.

Read More about Broadband Networks, Smart Grids and Climate Change

Severe Weather and Automobile Assembly Productivity

Authors
Gérard P. Cachon, Santiago Gallino, and Marcelo Olivares
Date
December 21, 2012
Format
Working Paper

It is apparent that severe weather should hamper the productivity of work that occurs outside. But what is the effect of extreme rain, snow, heat and wind on work that occurs indoors, such as the production of automobiles? Using weekly production data from 64 automobile plants in the United States over a ten-year period, we find that adverse weather conditions lead to a significant reduction in production. For example, a week with six or more days of heat exceeding 90F reduces production in that week by 8% on average.

Read More about Severe Weather and Automobile Assembly Productivity

Decision making under climate uncertainty: The power of understanding judgment and decision processes

Authors
Elke Weber and Sabine Marx
Date
April 1, 2012
Format
Chapter
Book
Climate change in the Great Lakes region: Decision making under uncertainty

The disciplines of economics and political science, as well as applied climate science, have added a great deal to our understanding of the obstacles to the use of climate information. However, in order for climate information to be fully embraced and successfully implemented into risk management, the issue needs to be looked at in terms of risk communication in human decision makers — (as) individuals and (in) groups. What is special about human risk perception and decision making under risk and situations of uncertainty regarding climate?

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Tipping Climate Negotiations

Authors
Geoffrey Heal and Howard Kunreuther
Date
January 1, 2012
Format
Chapter
Book
Climate Change and Common Sense: Essays in Honour of Tom Schelling

We investigate whether progress towards an international treaty on greenhouse gas emissions could benefit from insights about tipping a non-cooperative game from an inefficient to an efficient equilibrium. Games with increasing differences have multiple equilibria and have a “tipping set,” a subset of agents who by changing from the inefficient to the efficient equilibrium can induce all others to do the same. We argue that international climate negotiations form such a game and so have a tipping set. This can provide a novel perspective on finding a way forward in climate negotiations.

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Ambiguity and Climate Policy

Authors
Geoffrey Heal, Antony Milner, and Simon Dietz
Date
February 17, 2011
Format
Working Paper

Economic evaluation of climate policy traditionally treats uncertainty by appealing to expected utility theory. Yet our knowledge of the impacts of climate policy may not be of sufficient quality to justify probabilistic beliefs. In such circumstances, it has been argued that the axioms of expected utility theory may not be the correct standard of rationality. By contrast, several axiomatic frameworks have recently been proposed that account for ambiguous beliefs. In this paper, we apply static and dynamic versions of a smooth ambiguity model to climate mitigation policy.

Read More about Ambiguity and Climate Policy

Psychology's contributions to understanding and addressing global climate change

Authors
Janet K. Swim, Paul Stern, Thomas Doherty, Susan Clayton, Joseph P. Reser, Elke Weber, Robert Gifford, and George S. Howard
Date
January 1, 2011
Format
Journal Article
Journal
American Psychologist

Global climate change poses one of the greatest challenges facing humanity in this century. This article, which introduces the American Psychologist special issue on global climate change, follows from the report of the American Psychological Association Task Force on the Interface Between Psychology and Global Climate Change.

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Public Understanding of Climate Change in the United States

Authors
Elke Weber and Paul Stern
Date
January 1, 2011
Format
Journal Article
Journal
American Psychologist

This article considers scientific and public understandings of climate change and addresses the following question: Why is it that while scientific evidence has accumulated to document global climate change and scientific opinion has solidified about its existence and causes, U.S. public opinion has not and has instead become more polarized? Our review supports a constructivist account of human judgment.

Read More about Public Understanding of Climate Change in the United States

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