Climate change entails an intensification of extreme weather events that can potentially trigger socioeconomic and energy system disruptions. As we approach 1 °C of global warming we should start learning from historical extremes and explicitly incorporate such events in integrated climate–economy and energy systems models.
This is a preview of subscription content
Access options
Subscribe to Journal
Get full journal access for 1 year
$99.00
only $8.25 per issue
All prices are NET prices.
VAT will be added later in the checkout.
Tax calculation will be finalised during checkout.
Buy article
Get time limited or full article access on ReadCube.
$32.00
All prices are NET prices.
References
Burkhardt, P. South Africa’s rolling power blackouts enter ninth day. Bloomberg News (22 March 2019).
Lewis, S. C., King, A. D. & Mitchell, D. M. Geophys. Res. Lett. 44, 9947–9956 (2017).
Berlemann, M. & Wenzel, D. World Dev. 105, 231–247 (2018).
Berlemann, M. & Wenzel, D. Econom. Bull. 36, 13 (2016).
Burke, M., Hsiang, S. M. & Miguel, E. Nature 527, 235–239 (2015).
Pretis, F., Schwarz, M., Tang, K., Haustein, K. & Allen, M. R. Philos. Trans. A Math. Phys. Eng. Sci. 376, 20160460 (2018).
Piontek, F. et al. Environ. Resour. Econ. 73, 1357–1385 (2018).
O’Neill, B. C. et al. Glob. Environ. Change 42, 169–180 (2017).
Anderson, K. & Jewell, J. Nature 573, 348–349 (2019).
Weyant, J. Rev. Environ. Econ. Policy 11, 115–137 (2017).
Pindyck, R. S. Rev. Environ. Econ. Policy 11, 100–114 (2017).
Pindyck, R. S. Pricing carbon when we don’t know the right price. Regulation 36, 43 (2013).
Farmer, J. D., Hepburn, C., Mealy, P. & Teytelboym, A. Environ. Resour. Econ. 62, 329–357 (2015).
Diaz, D. & Moore, F. Nat. Clim. Chang. 7, 774–782 (2017).
Carleton, T. A. & Hsiang, S. M. Science 353, aad9837 (2016).
Felbermayr, G. & Gröschl, J. J. Dev. Econ. 111, 92–106 (2014).
Letta, M. & Tol, R. S. J. Environ. Resour. Econ. 73, 283–305 (2018).
Dallmann, I. Environ. Resour. Econ. 72, 155–206 (2019).
Marto, R., Papageorgiou, M. C. & Klyuev, M. V. J. Dev. Econ. 135, 574–586 (2017).
Bakkensen, L. & Barrage, L. Climate Shocks, Cyclones, and Economic Growth: Bridging the Micro-Macro Gap NBER Working Paper No. 24893 (National Bureau of Economic Research 2018).
Meinshausen, M. et al. Clim. Change 109, 213–241 (2011).
Frieler, K. et al. Geosci. Model Dev. 10, 4321–4345 (2017).
Schewe, J. et al. Nat. Commun. 10, 1005 (2019).
Samaniego, L. et al. Nat. Clim. Change 8, 421–426 (2018).
Dottori, F. et al. Nat. Clim. Chang. 8, 781–786 (2018).
Eyring, V. et al. Geosci. Model Dev. 9, 1937–1958 (2016).
Warszawski, L. et al. Proc. Natl Acad. Sci. USA 111, 3228–3232 (2014).
Frieler, K. et al. Geosci. Model Dev. 10, 4321–4345 (2017).
Fujimori, S. et al. Nat. Sustain. 2, 386–396 (2019).
Hallegatte, S. & Rozenberg, J. Nat. Clim. Chang. 7, 250–256 (2017).
Hallegatte, S., Vogt-Schilb, A., Bangalore, M. & Rozenberg, J. Unbreakable: Building the Resilience of the Poor in the Face of Natural Disasters (World Bank Group, 2016); https://openknowledge.worldbank.org/handle/10986/25335.
Author information
Authors and Affiliations
Corresponding authors
Rights and permissions
About this article
Cite this article
Otto, C., Piontek, F., Kalkuhl, M. et al. Event-based models to understand the scale of the impact of extremes. Nat Energy 5, 111–114 (2020). https://doi.org/10.1038/s41560-020-0562-4
Published:
Issue Date:
DOI: https://doi.org/10.1038/s41560-020-0562-4