Thoughts on the Economics of Climate Change in Alaska

Hi,

I am an environmental and natural resource economist who studies the effects of projected climate change on our state’s built environment. The built environment in my current project includes bridges, roads, water/sewer, and many different types of buildings.

Prior to arriving in Alaska, I was an economist at the National Center for Atmospheric Research (Boulder, CO USA) where I built sophisticated models to study the effects of weather variability on the U.S. economy.

As a researcher who works in the arctic where these changes seem to be the most pronounced, I am happy to write in to climate commons to report on my observations.

In general, many people in Alaska are becoming concerned about climate change for many reasons. From my perspective, the media is doing its part to both confuse and educate people (depending on who you ask and where they get their information). That being said, I think there are some serious things occurring in our region that make people wonder what is really happening and what they can do to help. For example, there are reports of fisherman catching tropical fish in the Bering Sea and hummingbirds showing up in the dead of winter. The most recent IPCC temperature projections for places within our state show enormous increases in temperature out over the next two or three decades. This is scary stuff for anyone to grasp.

That said, my job is to put dollar values on the effects of climate change. Policymakers think in terms of dollars, so we express these changes in monetary terms. Right now, we are reporting on projected damages to public infrastructure to stress the urgency of this matter. Unfortunately, though, it is nearly impossible to put economic value on cultural loss or ecosystem collapse. In the end, we hope that websites like this one and other providers of information will get the story of Alaska out to a wider audience.

More later,

-- PeterLarsen

MattShanley Says:

Hi, Peter. Thanks for sharing your work with us. I’m wondering about your impression of policy decisions being made these days - is infrastructure being designed and built with more concern for climate change and the effects of weather, or are policy makers just starting to listen to advice about these matters?

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icaguest Says:

do you have a website that posts the results of your economic research? It would be good to see the numbers. money always hits people in their gut–might make them care more

vm Says:

thank you peter for your work and for posting, do you have a website for your work, i think it’s true, not just policy makers but people in general start to grow more concerned and active when money gets involved. it would also be interesting to get a sense of just how much of our country’s wealth stems and has stemmed from Alaska vs. how much we have given to it.
life, cultural and ecologically is priceless, still there even still an effort to account should help people understand much more concretely which is what we need.

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vm Says:

oh, also you might be interested in the paper presented in matt shanley’s post from feb 3rd….

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Andrea BD Says:

Thanks for raising my awareness of these environmental changes. What sorts of things can we do on a daily basis to help?

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