Chapters:
0:00:00 Audrie Chad, GRI, introduces Derek Lemoine
0:03:00 Derek Lemoine thanks and intro
0:03:29 Climate change is here - What is it doing to the economy?
0:05:07 Why measure existing losses?
0:06:26 Framework for measuring climate change impacts
0:09:27 Estimating the effects of weather?
0:09:58 How are costs estimated?
0:10:27 Weather variables
0:12:13 How are costs estimated?
0:13:43 County-level covariates
0:14:51 Raw effects of weather on income
0:18:19 How are climate change impacts on temperature calculated?
0:19:29 Climate change has increased hot/warm days and reduced coo/cold days
0:20:23 Geographic distribution of hot, warm, cool and cold days
0:21:42 U.S.-wide effects of climate change on income 2000-2019
0:23:56 How are costs estimated?
0:25:11 Robustness checks
0:26:01 A new framework for estimating climate effects on the economy
0:27:36 Question: What are the weaknesses of the research approach?
0:28:35 Question: Where you surprised by the findings re geographic distribution of risk?
0:30:25 Question: Why omit factors like sea level rise and extreme weather?
0:34:12 Question: How can Canadian researchers use this framework?
0:35:03 Question: Have you done research on tipping points?
0:36:15 Question: How can pension funds, investors and banks use these findings?
0:39:16 Question: Which alternative asset classes are most vulnerable?
0:41:41 Question: Negative effects on midwest?
0:42:43 Question: What are the potential gains?
0:44:05 Question: Did you consider climate migration?
0:45:55 Question: How can regulators and governments use this framework?
0:48:10 Question: What aspects of the research are you most and least comfortable with?
0:50:03 Question: Did you study climateflation?
0:51:46 Question: What are the next steps in this research?
0:54:54 Question: Audrie thanks Derek