{"id":19496,"date":"2016-08-08T17:27:29","date_gmt":"2016-08-08T16:27:29","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=event&#038;p=19496"},"modified":"2020-04-23T15:33:08","modified_gmt":"2020-04-23T14:33:08","slug":"public-lecture-climate-and-other-catastrophes","status":"publish","type":"event","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/public-lecture-climate-and-other-catastrophes\/","title":{"rendered":"Public lecture | Climate (and other) catastrophes"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><h4>LSE Deparment of Government and Grantham Research Institute public lecture, introduced and chaired by Dr Kai Spiekermann<\/h4>\n<p><strong>Attendance at this event is by registration only, if you would like to attend please register <a class=\"link link--external\" href=\"https:\/\/www.eventbrite.co.uk\/e\/public-lecture-climate-and-other-catastrophes-tickets-27007679697\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">here&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a>.<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-19505 size-medium alignright\" src=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2016\/08\/CachedImage-1-1-350x233.jpg\" width=\"350\" height=\"233\" srcset=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2016\/08\/CachedImage-1-1-350x233.jpg 350w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2016\/08\/CachedImage-1-1-150x100.jpg 150w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2016\/08\/CachedImage-1-1-50x33.jpg 50w, https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2016\/08\/CachedImage-1-1.jpg 648w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/>How great is the risk of a climate catastrophe, and what should we do about it? The likelihood and possible impact of a catastrophic climate outcome is what drives the social cost of carbon (SCC), and thus the case for a stringent climate policy. But what is that likelihood, and what kinds of outcomes might occur? Might the impact of a catastrophic climate outcome be limited to a sharp reduction in GDP and consumption (as most climate models assume), or might the impact also include the deaths of large numbers of people? The answers to these questions are necessarily speculative, but we must address them. To complicate matters, there are other potential catastrophes that we must also worry about, such as nuclear or bioterrorism, or the spread of a &ldquo;mega-virus.&rdquo; I discuss the policy implications of these threats, and consider how we might respond to the risk of climate &ndash; and other &ndash; catastrophes.<\/p>\n<p><strong>Professor Robert&#8233; S.&#8233; Pindyck<\/strong>&#8233; is&#8233; the&#8233; Bank&#8233; of &#8233;Tokyo&#8208;Mitsubishi&#8233; Professor&#8233; of &#8233;Economics&#8233; and&#8233; Finance&#8233; in&#8233; the&#8233; Sloan&#8233; School &#8233;of &#8233;Management &#8233;at &#8233;MIT.&#8233; &#8233;He &#8233;is &#8233;also &#8233;a &#8233;Research&#8233; Associate&#8233; of &#8233;the &#8233;National &#8233;Bureau&#8233; of &#8233;Economic&#8233; Research&#8233; and&#8233; a&#8233; Fellow&#8233; of&#8233; the&#8233; Econometric&#8233; Society,&#8233; and&#8233; he&#8233; has&#8233; been&#8233; a&#8233; Visiting &#8233;Professor&#8233; at&#8233; Tel&#8208;Aviv&#8233; University,&#8233; Harvard&#8233; University,&#8233; and&#8233; Columbia&#8233; University. &#8233; Professor Pindyck&rsquo;s&#8233; research&#8233; and&#8233; writing&#8233; have&#8233; covered&#8233; topics&#8233; in&#8233; microeconomics&#8233; and&#8233; industrial&#8233; organization,&#8233; the&#8233; behaviour&#8233; of&#8233; resource&#8233; and&#8233; commodity&#8233; markets,&#8233; financial&#8233; markets,&#8233; capital investment&#8233; decisions,&#8233;and&#8233; econometric&#8233; modelling.&#8233; His &#8233;recent &#8233;work&#8233; in &#8233;economics &#8233;and &#8233;finance &#8233;has &#8233;examined&#8233; the&#8233; determinants &#8233;of &#8233;market&#8233; structure&#8233; and &#8233;market &#8233;power, &#8233;the &#8233;dynamics &#8233;of &#8233;commodity spot &#8233;and &#8233;futures &#8233;markets,&#8233; criteria&#8233; for &#8233;investing&#8233; in &#8233;risky &#8233;projects,&#8233; the &#8233;economics &#8233;of &#8233;R&amp;D &#8233;and &#8233;the value&#8233; of&#8233; patents,&#8233; environmental&#8233; policy,&#8233; and&#8233; the&#8233; economic&#8233; and&#8233; policy&#8233; implications&#8233; of&#8233; global catastrophic events.<\/p>\n<p><strong>Oversubscribe policy<\/strong><\/p>\n<p>Admission is on a first-come-first-served basis for those registered. Not everyone who registers attends, so, to ensure a full house, registration is oversubscribed. Please ensure you arrive at least 15 minutes before the start time to avoid disappointment.<\/p>\n<p><strong>Accessibility<\/strong><\/p>\n<p>If you are planning to attend this event and would like details on how to get here and what time to arrive, as well as on accessibility and special requirements, please refer to LSE Events FAQ. LSE aims to ensure that people have equal access to these public events, but please contact the events organiser as far as possible in advance if you have any access requirements so that arrangements, where possible, can be made. If the event is ticketed, please ensure you get in touch in advance of the ticket release date.<\/p>\n<p><strong>WIFI Access<\/strong><\/p>\n<p>LSE has now introduced wireless for guests and visitors in association with &lsquo;The Cloud&rsquo;, also in use at many other locations across the UK. If you are on campus visiting for the day or attending a conference or event, you can connect your device to wireless. See more information and create an account at <a class=\"link link--external\" href=\"https:\/\/www.thecloud.net\/free-wifi\/join-the-cloud\/\" aria-describedby=\"link-description-new-window\" target=\"_blank\" rel=\"noopener\" title=\"\">Join the Cloud.&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/p>\n<p>Visitors from other participating institutions are encouraged to use <a href=\"https:\/\/www.lse.ac.uk\/intranet\/LSEServices\/IMT\/guides\/wirelessNetworks\/eduroam.aspx\">eduroam<\/a>. If you are having trouble connecting to eduroam, please contact your home institution for assistance.<br>\nThe Cloud is only intended for guest and visitor access to wifi. Existing LSE staff and students are encouraged to use <a href=\"https:\/\/www.lse.ac.uk\/intranet\/LSEServices\/IMT\/guides\/wirelessNetworks\/eduroam.aspx\">eduroam <\/a>instead.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>LSE Deparment of Government and Grantham Research Institute public lecture, introduced and chaired by Dr Kai Spiekermann Attendance at this&hellip;<\/p>\n\n","protected":false},"author":12,"featured_media":0,"template":"","tags":[487,223],"event-type":[36],"topic_area":[],"class_list":["post-19496","event","type-event","status-publish","hentry","tag-climate-risks","tag-disaster-risk","event-type-public-seminars"],"acf":{"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"start_date":{"ref_value":"field_52f56b18a98ba","value":"20160913","type":false,"post_type":""},"start_time":{"ref_value":"field_52f56b33a98bb","value":"18:30:00","type":false,"post_type":""},"end_date":{"ref_value":"field_52f56bb58f239","value":"20160913","type":false,"post_type":""},"end_time":{"ref_value":"field_52f56bd38f23a","value":"20:00:00","type":false,"post_type":""},"event_venue":{"ref_value":"field_531c65c575d35","value":"London School of Economics and Political Science, Clement House, Room CLM.2.02, 99 Aldwych, London, WC2B 4JF","type":false,"post_type":""},"external_speaker":{"ref_value":"field_5374dcb208782","value":"Professor Robert S. 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