Virtual Seminar on Climate Economics

The Virtual Seminar on Climate Economics is an online seminar series hosted by the Federal Reserve Bank of San Francisco. The seminar is open to everyone interested in research on the economics of climate change—including topics drawn from macroeconomics, microeconomics, finance, econometrics, and environmental economics. Hear about the genesis and first year of VSCE seminars in this VoxEU/CEPR interview.

We convene on Zoom for a 50-minute talk and up to 25 minutes of discussion and Q&A.

Register to attend seminar series via Zoom.

Please submit your registration to receive emails with Zoom links to attend the series. You only need to register once to automatically get an email for each upcoming Virtual Seminar on Climate Economics with a link to join.

Seminar series organizers

Glenn Rudebusch (Brookings Institution)
Michael Bauer (Federal Reserve Bank of San Francisco, CEPR)
Stephie Fried (Federal Reserve Bank of San Francisco)
Òscar Jordà (UC Davis, Federal Reserve Bank of San Francisco)
Fernanda Nechio (Federal Reserve Bank of San Francisco)
Toan Phan (Federal Reserve Bank of Richmond)

To get in touch, share feedback or suggestions, or propose a speaker, please email us at

Upcoming Events

Stéphane Hallegatte, World Bank
Successful Economic Development in a Changing Climate: Lessons from 50 Country Climate and Development Reports

September 5, 2024

Valeria Ramey, University of California San Diego
How much will Global Warming cool Global Growth?

September 19, 2024

Adrien Bilal, Stanford University
The Macroeconomic Impact of Climate Change: Global vs. Local Temperature

October 3, 2024

Dirk Schoenmaker, Rotterdam School of Management
Impact of Climate Transition on Financial Stability

October 17, 2024

Moritz Kuhn, University of Mannheim
Distributional Consequences of Climate Policies

November 7, 2024

Gautam Gowrisankaran, Columbia University Energy Transitions in Regulated Markets

November 21, 2024

Glenn Rudebusch, Brookings and NYU Stern

December 5, 2024

Philippe Aghion, INSEAD
Transition to Green Technology along the Supply Chain

December 19, 2024

Past Events

Sarah Armitage, Boston University
Innovation Market Failures and the Design of New Climate Policy Instruments

June 27, 2024

Marcin Kacperczyk, Imperial College London
Carbon-Transition Risk and Net-Zero Portfolios

June 13, 2024

Theresa Kuchler, NYU Stern
Biodiversity Risk

May 30, 2024

Brian Prest, Resources for the Future
Equity and Risk in the Social Cost of Carbon: Evidence from GIVE

May 16, 2024

Harrison Hong, Columbia University
The Cost of Climate Policy to Capital: Evidence from Renewable Portfolio Standards

April 18, 2024

Francesca Diluiso, Bank of England
Climate Policies, Macroprudential Regulation, and the Welfare Cost of Business Cycles

April 4, 2024

Valentina Bosetti, Bocconi
Negative Emission Technologies and Climate Cooperation

March 21, 2024

Marco Del Negro, FRB New York
Is the Green Transition Inflationary?

February 29, 2024

Laura Starks, UT Austin
Climate Regulatory Risks and Corporate Bonds

February 15, 2024

Wolfram Schlenker, Columbia
An Empirical Test of the Green Paradox for Climate Legislation

February 1, 2024

Roger Gordon, UC San Diego
Carbon taxes: Many Strengths but Key Weaknesses

January 18, 2024

Matthew E. Kahn, University of Southern California
Adaptation in Financial Markets: Climate Risk Pooling in Mortgage-Backed Securities

December 14, 2023

Simon Scheidegger, HEC Lausanne Deep Uncertainty Quantification: With an Application to Integrated Assessment Models, with Aleksandra Friedl, Felix Kübler, and Takafumi Usui

November 30, 2023

Greg Casey, Williams College
The Macroeconomics of Clean Energy Subsidies

November 16, 2023

Joseph Aldy, Harvard
Private Benefits from Public Investment in Climate Adaptation and Resilience

November 9, 2023

Carolyn Kousky, Environmental Defense Fund Insurance and Climate Change

October 19, 2023

Roberto Rigobon, MIT
ESG Confusion and Stock Returns: Tackling the Problem of Noise

October 5, 2023

Brigitte Roth Tran, Federal Reserve Bank of San Francisco
Local Economic Impacts of Natural Disasters, with Daniel Wilson

September 21, 2023

Monika Piazzesi, Stanford University
Household Climate Finance: Theory and Survey Data on Safe and Risky Green Assets

September 7, 2023

Zacharias Sautner, Frankfurt School
Institutional Investors and the Fight against Climate Change

June 15, 2023

Tony Smith, Yale University
Climate Change around the World

June 1, 2023

Kevin Stiroh, Federal Reserve Bank of New York
Climate Change and the Role of Regulatory Capital: A Stylized Framework for Policy Assessment

May 18, 2023

Jessica Green, University of Toronto
Does Carbon Pricing Reduce Emissions? A Review of Ex-Post Analyses

May 4, 2023

Bruno Conte, Universita di Bologna
On the Geographic Implications of Carbon Taxes

April 20, 2023

Galina Hale, UC Santa Cruz
Climate Risks and Exchange Rates

April 6, 2023

Michael Bauer, University of Hamburg
Where is the Carbon Premium? Global Performance of Green and Brown Stocks

March 23, 2023

Eduardo Souza-Rodrigues, University of Toronto
The Forest Awakens: Amazon Regeneration and Policy Spillover

March 9, 2023

Robert S. Pindyck, Massachusetts Institute of Technology
Averting and Adapting to Climate Change

February 23, 2023

Moritz Drupp, University of Hamburg
Pricing Carbon

February 9, 2023

Aurélien Saussay, London School of Economics
Who’s fit for the Low-Carbon Transition? Emerging Skills and Wage Gaps in Job Ad Data

January 19, 2023

Tatyana Deryugina, Gies College of Business
Natural Disasters and Municipal Bonds

December 15, 2022

Meredith Fowlie, UC Berkeley
Who Will Pay for the Energy Transition?: Affordability, Efficiency, and Energy Price Regulation

December 1, 2022

Jim Bushnell, UC Davis
Can Time Series Methods Save Energy Policy Models from Themselves?

November 17, 2022

Gib Metcalf, Tufts
The Macroeconomic Effects of a Carbon Tax to Meet the U.S. Paris Agreement Target: The Role of Firm Creation and Technology Adoption

November 3, 2022

Derek Lemoine, University of Arizona
Informationally Efficient Climate Policy: Designing Markets to Measure and Price Externalities

October 20, 2022

Charles F. Manski, Northwestern University
Minimax-Regret Climate Policy with Deep Uncertainty in Climate Modeling and Intergenerational Discounting

October 6, 2022

Silvana Tenreyro, London School of Economics
Climate-change pledges, actions and outcomes

September 22, 2022

Stefano Giglio, Yale School of Management
A Quantity-based Approach to Constructing Climate Risk Hedge Portfolios

September 8, 2022

Jesús Gonzalo, U. Carlos III Madrid
Climate Change Heterogeneity: A New Quantitative Approach

July 7, 2022

Victoria Xie, Santa Clara University
Expecting Floods: Firm Entry, Employment, and Aggregate Implications

June 16, 2022

Diego Känzig, London Business School
The Unequal Economic Consequences of Carbon Pricing

June 2, 2022

Eva Steiner, Pennsylvania State University
Climate Change and Commercial Real Estate: Evidence from Hurricane Sandy

May 19, 2022

Warwick J. McKibbin, Australian National University
Global Economic Impacts of Climate Shocks, Climate Policy and Changes in Climate Risk Assessment

May 5, 2022

Katherine Wagner, UC Berkeley
Technology Lock-In and Optimal Carbon Pricing (with Jonathan T. Hawkins-Peirot)

April 21, 2022

Ralf Martin, Imperial College of London
Managerial and Financial Barriers During the Green Transition

April 7, 2022

Jean-Paul Renne, HEC Lausanne
Climate Linkers: Rationale and Pricing

March 24, 2022

Christian Gollier, Toulouse School of Economics
The Cost-Efficiency Carbon Pricing Puzzle

March 10, 2022

Sumudu Watugala, Cornell University
Banking on Carbon: Corporate Lending and Cap and Trade Policy

February 24, 2022

Toan Phan, Federal Reserve Bank of Richmond
Leveraging the Disagreement on Climate Change: Evidence and Theory

February 10, 2022

Sir David Hendry, University of Oxford
Can the UK Achieve Net-Zero Greenhouse Gas Emissions by 2050?

January 13, 2022

Ben Groom, London School of Economics
The Social Value of Offsets

December 16, 2021

Paige Weber, University of North Carolina at Chapel Hill
Dynamic Responses to Carbon Pricing in the Electricity Sector

December 2, 2021

Felix Pretis, University of Victoria
What Reduces Road CO2 Emissions? Policy Attribution Using Break Detection

November 18, 2021

Nancy Wallace, University of California at Berkeley
Mortgage Markets with Climate-Change Risk: Evidence from Wildfires in California

November 4, 2021

Reyer Gerlagh, Tilburg School of Economics and Management
Climate, Technology, Family Size: On the Crossroad between Two Ultimate Externalities

October 21, 2021

Mar Reguant, Northwestern University, Department of Economics
Climate Change: A Report

October 7, 2021

Thomas Stoerk, LSE
Economic Impacts of Tipping Points in the Climate System

September 23, 2021

Kyle Meng, University of California, Santa Barbara
Spatial Correlation, Trade, and Inequality: Evidence from the Global Climate

September 9, 2021

Bård Harstad, University of Oslo
Pledge-and-Review Bargaining: From Kyoto to Paris

August 19, 2021

Ivan Rudik, Cornell University
Climate Contagion: Heterogeneity and Market Adaptation to Climate Change in Dynamic-Spatial Equilibrium

July 29, 2021

Tamma Carleton, University of California, Santa Barbara
A Data-Driven Approach to Updating the Social Cost of Carbon

July 15, 2021

Lars Peter Hansen, University of Chicago
Central Banking Challenges Posed by Uncertain Climate Change and Natural Disasters

June 10, 2021

Neng Wang, Columbia Business School
Welfare Consequences of Sustainable Finance

May 27, 2021

Frances Moore, University of California at Davis
Use and Non-use Value of Nature and the Social Cost of Carbon

May 13, 2021

Larry Karp, University of California, Berkeley
Asset Prices as an Incentive for Climate Policy

April 29, 2021

Carolyn Fischer, Vrije Universiteit Amsterdam
Business Cycles and Environmental Policy

April 15, 2021

Ishan Nath, University of Chicago
The Food Problem and the Aggregate Productivity Consequences of Climate Change

April 1, 2021

Gernot Wagner, New York University
Carbon Prices, Preferences, and the Timing of Uncertainty

March 18, 2021

Robert Engle, NYU Stern
Climate Risk and the Pandemic

March 4, 2021

Christian Traeger, University of Oslo
Uncertainty and climate change

February 18, 2021

Irene Monasterolo, Vienna University of Economics and Business
The Climate Spread of Corporate and Sovereign Bonds

January 28, 2021

Marshall Burke, Stanford University
Climate, Wildfire, and Air Pollution

January 14, 2021

Patrick Bolton, Columbia University
Global Pricing of Carbon-Transition Risk

December 17, 2020

Stephie Fried, Arizona State University
Seawalls and Stilts: A Quantitative Macro Study of Climate Adaptation

December 3, 2020

Solomon Hsiang, University of California, Berkeley
Valuing the Global Mortality Consequences of Climate Change

November 12, 2020

Richard Tol, University of Sussex
The Economic Impact of Weather and Climate

October 22, 2020

Per Krusell, Stockholm University
Suboptimal Climate Policy

October 8, 2020

Lint Barrage, University of California at Santa Barbara
The Fiscal Costs of Climate Change in the United States

September 24, 2020

Rick Van der Ploeg, University of Oxford
Climate Policy and Asset Diversification

September 17, 2020

Esteban A. Rossi-Hansberg, Princeton University
The Economic Geography of Global Warming

September 3, 2020

Laura Bakkensen, University of Arizona
Sorting Over Flood Risk and Implications for Policy Reform

August 13, 2020

Simon Dietz, London School of Economics
Are Economists Getting Climate Dynamics Right and Does It Matter?

July 30, 2020

James H. Stock, Harvard University The Macroeconomic Impact of Europe’s Carbon Taxes

July 16, 2020