Climate Week at Penn 2020

An increasing sense of urgency about climate change seems to be fueling momentum for national policies designed to hasten a transition to a net zero carbon economy. A rapid green transition is a massive and complex task, entailing difficult tradeoffs and value choices that are not featuring as prominently in the policy debate as one might expect.

In this presentation, David Spence (Univ. of Texas and explored these tradeoffs, the troubling reasons why we under-attend to them in today’s policy debates, and how they are likely to become important hurdles to overcome when cobbling together a legislative majority in favor of meaningful, durable climate action.

This was a Climate Week event co-hosted by the Kleinman Center for Energy Policy, and the Business, Climate and Environment Lab of the Wharton Risk Management and Decision Processes Center at the University of Pennsylvania.

The Wharton Risk Center also joined Climate Leaders @ Penn for a Meet and Greet with Penn Centers. See more information on that event here.

Carolyn Kousky's FEMA PrepTalk

“Harnessing the Power of Disaster Insurance.”  January 16, 2020.

In her FEMA PrepTalk, Dr. Carolyn Kousky, Executive Director of the Wharton Risk Management and Decision Processes Center, demonstrates the essential role of #insurance in disaster recovery. She explains why not enough people have insurance coverage, and offers suggestions for how the public and private sectors can work together to overcome challenges to increasing insurance coverage across America.

Howard Kunreuther's FEMA PrepTalk

“Human Biases: Why People Underprepare for Disasters.” January 19, 2020.

In his FEMA PrepTalk, Prof. Howard Kunreuther Co-Director of the Wharton Risk Management and Decision Processes Center, discusses the processes and biases in decision-making under uncertainty. He also proposes a behavioral risk audit that couples protective decision-making with economic incentives, enabling individual and collective actions to achieve greater resilience.

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