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Articles by Madison Condon
Stand Up a National Climate Service
A new administration must bridge the methodological gap between the economic and science agencies. It’s time to make the National Climate Service (NCS) a reality. That we need to rebuild national capacity in the natural sciences is obvious to anyone who has been paying attention to the cascade of alarming headlines over the past year and a half.
Madison Condon
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The rush to profit from climate intelligence
Can the private sector be trusted to provide climate data equitably or reliably? As the climate crisis escalates, so too is demand for information about physical risks, like floods, droughts, hurricanes, and wildfires. For a growing number of investors, insurers,and financial services providers, the information is climate gold. It is used to allocate equity capital through active and passive investments and to influence insurance premiums, which affect housing prices and cause demographic shifts.
What’s in Your Climate Score?
An increasing number of consultancies, financial technology firms, data providers, and investment advisory groups offer information about localized physical climate risks like floods, hurricanes, and wildfires. In recent years, mainstream financial services companies have acquired many of the early climate-analytics startups and weather-modeling firms.
Damage Functions (Or Why I Am Mad at Economists)
This post is part of our ongoing series on climate, economics, and “green capitalism.” Read the rest of the posts here. *** I think I had never heard of William Nordhaus until he was awarded the Nobel Prize in Economics in 2018. The award was bestowed in recognition of his work modeling the costs and benefits of acting on climate change through limiting emissions.
America Adapts Newsletter
Welcome back to the America Adapts newsletter, our community for those involved in the climate adaptation space (and those curious to learn more!). This newsletter focuses on my latest episode, The Wild Wild West of Climate Modelingwith Madison Condon. Madison is a law professor at Boston University School of Law. We explored the critical role climate models play in adaptation planning, but more importantly, their capabilities, what they can and can not do.
Mandating Disclosure of Climate-Related Financial Risk
Mandating Disclosure of Climate-Related Financial Risk By Madison Condon, Sarah Ladin, Jack Lienke, Michael Panfil, and Alexander Song / February 10, 2021 Download PDF Climate change presents grave risk across the U.S. economy, including to corporations, their investors, the markets in which they operate, and the American public at large. Unlike other financial risks, however, climate risk is not routinely disclosed to the public.
How to Fix the Climate
Image: Flickr / Martin Snicer Biden should rejoin the Paris Agreement, but diplomacy isn’t enough. To decarbonize the economy, we must integrate bottom-up, local experimentation with top-down, global cooperation. This essay is featured in Boston Review’s new book, Climate Action. Can the world meet the challenge of climate change? After more than three decades of global negotiations, the prognosis looks bleak.
Climate Change’s New Ally: Big Finance
Image: Thomas Hawk / Flickr Huge investors like BlackRock are forcing corporations to take action on emissions. But what does their power mean for democracy? Over the past two years a striking change has taken place in the boardrooms of greenhouse-gas producers: a growing number of large companies have announced commitments to achieve “net zero” emissions by 2050. These include the oil majors BP, Shell, and Total, the mining giant Rio Tinto, and the electricity supplier Southern Company.
Climate Change’s New Ally: Big Finance
…we need your help. Confronting the many challenges of COVID-19—from the medical to the economic, the social to the political—demands all the moral and deliberative clarity we can muster. In Thinking in a Pandemic, we’ve organized the latest arguments from doctors and epidemiologists, philosophers and economists, legal scholars and historians, activists and citizens, as they think not just through this moment but beyond it.
Republicans try to block BlackRock from considering climate risk in coronavirus economic rescue.
Republicans told them not this time. By Madison Condon April 20, 20202:03 PM Demonstrators attend a Bristol Youth Strike 4 Climate (BYS4C) march, on February 28, 2020 in Bristol, England.
Rural America’s Drinking Water Crisis: No Help From Trump Budget
A documentary short produced by Tom Rosenberg and Earth Institute fellow Madison Condon details one shrinking town’s drinking water crisis. One winter morning C.H. Underwood looked up and down the street in his small town of O’Brien, Texas and realized something was wrong.
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