New course: Climate Risk Management
In the winter term 2017/2018, Prof. Dr. Thomas Lontzek and Prof. Dr. Reinhard Madlener teach a new course on "Climate Risk Management. The course deals with the following topics:
• Introduction to climate change and its risks
• Renewable energy use (incl. biomass co-firing)
• Land use, land use change and forestry (LULUCF)
• Carbon capture and storage (CCS)
• Discounting of damages from climate change
• The economics of climate change (+ ‘The Climate Casino’)
• Risk management and real options analysis
• Geoengineering: options and risks
• Integrated assessment models (IAMs) of climate and the economy • Catastrophic events and major tipping points in the climate system