The estimation of SCC is fraught with uncertainties in estimating (a) the emissions paths that are likely in the future as that depends on future policy and technology, (b) the parameters that map emissions to climate change, (c) the translation of climate change into physical and economic damage, (d) the choice of the appropriate discount rate. Changing some of these assumptions or introducing something like ecosystem services that are not substitutable with man-made capital changes the policy recommendations radically.
“It is not the man who has too little, but the man who craves more, that is poor.” – Seneca For the curious reader who wants the answer immediately, I urge you to bear with me and read through the post. But alas, time is short so I will tell you now that the secret …
Being part of a group means that you adopt many of the ideas they hold. It is the foundation of collaboration and society itself. However, it is also something that can cloud your judgement. An assault on the beliefs of the group could be perceived as an assault on your identity and so your defence …
Last Thursday, major Swedish newspaper “Dagens Nyheter” revealed that Mr Hamid Zafar – a celebrated principal, and expert advisor to Sweden’s second-largest political party – had written anti-Semitic (and some anti-immigrant/homophobic) comments under pseudonyms on Twitter and other forums between 2011-2015. Soon thereafter, he lost his job and all other positions he’d gotten thanks to …
This blog post is mainly written to shed some light on how my process of applying to the Master of Philosophy in Economics at the University of Oxford looked like. My hope is that this post will make the process of applying to prestigious universities abroad seem a bit less daunting and perhaps even encourage …
After just one week in the UK, I have discovered some, for me as a Swede, quite surprising things. Busses are not going to stop unless you wave at them. I learnt this lesson the hard way many years ago when I visited my aunt in Cambridge. So luckily for me, I have not yet …
As I opened my kindle for the first time in over a year earlier today I discovered that my brother Oskar, who had borrowed it during his year in China, had bought Viktor Frankl’s “Man’s search for meaning”. What surprised me was not the horrors Viktor Frankl described or the revealing anecdotes (Viktor was about …
Dear reader, this is for those of you who are interested in reading about why and how I got accepted to the exchange programme at UC Berkeley. It’ll be a long, but quite an instructive post for prospective applicants who want to familiarize themselves with the 6-month long applications process. The idea of going to …
I must regrettably announce that, despite my best intentions not to, I will be flying this year. I had initially planned to take the train through Europe to Oxford, but alas, the virus thought otherwise. But given the negative impact that flying has on the environment, what should one reasonably pay for a flight in …
Have you heard about the massive mountains of Kong in western Africa? The massive mountain chain stretches through Burkina Faso, Ghana and then into Nigeria. The Kong mountains were depicted in most maps of Africa from the early 19th century and one could even read about it in the 1928 version of the Oxford Advanced …