Climate Change Takes Center Stage in Economics


Economics Embraces Climate Change Economists are increasingly focusing on the impact of climate change on various aspects of society. At a major economics conference, numerous sessions highlighted climate-related topics such as the effects of natural disasters on mortgage risk and railway safety, the economic impact of wind turbine manufacturing, and the stability of electricity grids in the face of renewable energy integration. The surge of climate research in economics has attracted a diverse array of researchers and is seen as an opportunity to address the pressing issue of climate change. The shift in focus to climate economics is also changing the demographics of the field, drawing in more women and people of color. The increased demand for climate economists is evident in the growing number of job postings related to climate change. This shift aligns with the U.S. government's efforts to embed climate priorities across various agencies. Despite the past failure of certain climate policies, there is a renewed sense of opportunity for economists to contribute to addressing climate change.



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