The recent Iceland Volcano provides a scary natural experiment for testing whether the pace of adaptation is accelerating. The Volcano increases local air pollution. Does this pollution spike cause less health damage in late 2023 than if the same eruption had taken place in 2013 or 1993? The adaptation hypothesis posits “yes”.
Some Volcano Economics
Some Volcano Economics
Some Volcano Economics
The recent Iceland Volcano provides a scary natural experiment for testing whether the pace of adaptation is accelerating. The Volcano increases local air pollution. Does this pollution spike cause less health damage in late 2023 than if the same eruption had taken place in 2013 or 1993? The adaptation hypothesis posits “yes”.