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Sprinz, Ph.D.
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Kurths
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Middelanis
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Mester
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Vogt
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Climate risk insurance can effectively mitigate economic losses
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01/04/2023 - Global warming is expected to lead to an accumulation of particularly intense hurricanes in the United States. This may substantially increase the economic losses caused by these storms. Better insurance could effectively mitigate the climate change-induced increase in economic losses. This is shown in a new study by the Potsdam Institute for Climate Impact Research examining the effectiveness of climate risk insurance in the US.
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MRe CYE
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Global food production at risk of simultaneous heat waves across breadbasket regions
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09/12/2019 - Certain patterns in the jet stream encircling the Earth can bring simultaneous heatwaves to breadbasket regions responsible for up to a quarter of global food production. Particularly susceptible are Western North America, Western Europe, Western Russia and Ukraine. Extreme weather events of such extent can significantly harm food production and thus make prices soar. In recent years, major food price spikes were associated with social unrest.
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Early warning: Physicists from Giessen, Potsdam and Tel Aviv forecast "El Niño" for 2020
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04/11/2019 -The serious weather phenomenon "El Niño" could soon occur again in the Pacific region. Researchers at Justus Liebig University Giessen (JLU), the Potsdam Institute for Climate Impact Research (PIK) and Bar-Ilan University in Ramat Gan, Israel, find that there will probably be another "El Niño" by the end of 2020. The prediction models commonly used do not yet see any signs of this.
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“New Market Design is needed”: lessons to learn from renewable energy regulation in California and Germany
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09.07.2019 - Important lessons can be learned from the two global frontrunners in the energy transition, Germany and California, a new report shows. Being the 4th biggest and 5th biggest economies worldwide, both jurisdictions draw more than 30 percent of their electricity from wind and solar and biomass, both have ambitious renewables targets of 80 and 100 percent by mid-century. An international team of scientists from Germany and the US now analyzed Californian and German policy pathways to draw conclusions for the way ahead. They find that market and renewable policy design adjustments in both jurisdictions to integrate the first 30 percent were small compared to the adjustments needed to integrate the second 30 percent. Importantly, strengthening CO2-pricing and policies to foster electrification must be an integral part of this.
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