Climate costs lowest if warming is limited to 2 degrees Celsius

Using computer simulations of a model by U.S. Nobel Laureate William Nordhaus, researchers have weighted climate damage from increasing weather extremes, decreasing labor productivity and other factors against the costs ...

The hidden traffic impacts of private schooling

In Australia today, just over 40% of secondary school children and almost 30% of primary school children attend a private school. By contrast, in the UK only 7% of children are privately educated.

Clarifying the economic value of adjusting power consumption

Since the output of renewable energy such as photovoltaic generation tends to fluctuate, the power system can be viewed as a large-scale complex system with uncertainty. To stabilize the balance of supply and demand of electricity, ...

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