Climate Risk Impacts on the U.S. Energy System

Project Expert

Amy M. Jaffe
Amy Myers Jaffe

David M. Rubenstein Senior Fellow for Energy and the Environment and Director of the Program on Energy Security and Climate Change

About the Project

The risk to energy infrastructure across the United States from climate change is becoming ever more apparent. As damages from extreme events mount, public debate about climate adaptation, national security, and emergency preparedness, as well as who should pay for damages, is accelerating. Despite impending risks to vital U.S. electricity and fuel networks, financial markets have been slow to incorporate information about climate change into stock valuations or credit ratings. In localities such as California, Texas, and Nebraska where climate related damages have been substantial, public-sector solutions are being discussed, both to mitigate future risks and to bolster private insurance markets. This project examines the fundamental financial, security, and technological dimensions of risks to energy infrastructure from climate change and its implications for U.S. national security.

This project was made possible by the generous support from the Alfred P. Sloan Foundation.