Climate Change

Lab Seminar: Ignacio Oliva

This week, ARE PhD candidate Ignacio Oliva presented his ongoing work with Bruno Pimenta, entitled "Unintended consequences of nature-based climate mitigation: Exotic natural capital and water scarcity."

Nature-based climate mitigation strategies aim to enhance carbon sequestration by protecting or restoring natural habitats. Additionally, these strategies can improve the provision of ecosystem services. However, these strategies can damage local ecosystems if they prioritize monoculture of exotic species.

Lab Seminar: Andres de Loera

This week, the Lab hosted Andres de Loera, a PhD candidate in economics at Harvard University. Andres studies environmental and public economics with a focus on the governance of internationally shared ocean resources. He presented his job market paper, entitled "Climate Change and the Common Pool Problem in Fisheries". 

Lab Seminar: 5-Minute Egg Timers & "The Impact of Wildfires on Home Insurance Markets"

This week, we had a busy lab seminar. First, three PhD students - Tom Cromsjo and Kevin Cao in ARE, and Wantong Yuan in ESP - presented 5 minute egg-timer style presentations detailing their in-progress work. These short talks were a resounding success, and we will continue this new Lab format with another egg timer session later in the quarter. 

Lab Seminar: The Differential Responses of Farmers on Private and Public Lands to Droughts in the Brazilian Amazon

ARE PhD candidate Bruno Pimenta presented his work on how deforestation in the Amazon responds to drought, and how this response differs between private and public land. Climate change has made drought events in the Amazon more frequent. Manmade deforestation can further deteriorate the region's climate, and weather conditions may also influence a farmer's decision to deforest. The Brazilian Amazon is a mosaic of public and private lands, and farmers in public lands may not have incentives to manage their lands sustainably.

Lab Seminar: Economic Impacts of Extreme Weather Shocks in a Developing Economy

UC Davis economics PhD student Matias Solorza presented his work on the regional economic impacts of natural disasters in Chile. Matias' work analyzes the macroeconomic responses of Chilean regions to extreme weather-related shocks, such as floods and wildfires, using local projections. Unlike the positive effects observed in some developed countries, his findings reveal a persistent decline in regional GDP and a temporary reduction in private consumption.