EAEI Seminar and Journal Club: Climate Change Impacts on Electricity Demands
We know the climate has changed. Berkeley's average temperature has increased by 2.8 degrees Fahrenheit since 1960. And temperatures are projected to increase significantly by the end of this century. But the big question is what does this mean to humans and the natural systems they depend on? Economists over the past decade have worked hard at calculating how big the damages from climate change will be and what it will cost to avoid the worst consequences. This talk will provide an overview of recent work quantifying the impacts of climate change on electricity demand at the load balancing authority level for the US and Europe. The talk will also discuss ongoing work on the distributional impacts of climate adaptation through electricity consumption.
Professor in Sustainable Development and Associate Dean of Social Sciences, UC Berkeley
Maximilian Auffhammer is the George Pardee Jr. Professor of International Sustainable Development and Associate Dean in the Division of Social Sciences at UC Berkeley. Professor Auffhammer received his B.S. in environmental science from the University of Massachusetts at Amherst in 1996, an M.S. in environmental and resource economics at the same institution in 1998 and a Ph.D. in economics from UC San Diego in 2003. He joined the faculty at UC Berkeley in 2003. His research focuses on environmental and resource economics, energy economics and applied econometrics. He is a Research Associate at the National Bureau of Economic Research in the Energy and Environmental Economics group, a Humboldt Fellow, and a lead author for the Intergovernmental Panel on Climate Change (IPCC). His research has appeared in The American Economic Review, the Review of Economic Studies, The Review of Economics and Statistics, The Economic Journal, the Proceedings of the National Academies of Sciences, the Journal of Environmental Economics and Management, The Energy Journal and other academic journals. Professor Auffhammer is the recipient of the 2017 Cheit Teaching Award in the Haas School of Business, the 2009 Campus Distinguished Teaching Award the 2007 Cozzarelli Prize awarded by the National Academies of Sciences, and the 2007 Sarlo Distinguished Mentoring Award.