Survival

Weather forecasts have gotten quite good over the years, but their temperatures aren’t always spot on – and the result when they underplay extremes can be lethal. Even a 1-degree difference in a forecast’s accuracy can be the difference between life and death, our research shows. As economists, we have studied how people use forecasts to manage weather risks. In a new working paper for the National Bureau of Economic Research, we looked at how human survival depends on the accuracy of temperature forecasts, particularly during heat waves like large parts of the U.S. have been experiencing in recent days. We found that when the forecasts underplayed the risk, even small forecast errors led to more deaths. Our results also show that improving forecasts pays off. They suggest that making forecasts 50% more accurate would save 2,200 lives per year across the country and would have a net value that’s nearly twice the annual budget of the National Weather Ser...

Emperor penguins thrive on Antarctica’s coastlines in icy conditions any human would find extreme. Yet, like Goldilocks, they have a narrow comfort zone: If there’s too much sea ice, trips to bring food from the ocean become long and arduous, and their chicks may starve. With too little sea ice, the chicks are at risk of drowning. Climate change is now putting that delicate balance and potentially the entire species at risk. In a recent study, my colleagues and I showed that if current global warming trends and government policies continue, Antarctica’s sea ice will decline at a rate that would dramatically reduce emperor penguin numbers to the point that almost all colonies would become quasi-extinct by 2100, with little chance of recovering. That’s why the U.S. Fish and Wildlife Service finalized a rule on Oct. 26, 2022, listing the emperor penguin as “threatened” under the Endangered Species Act, effective Nov. 25, 2022. The director of th...