Maximilian Kotz @KotzMaximilian
Climate Science/Environmental Economics @PIK_climate pik-potsdam.de/members/maxkotz Berlin Joined January 2022-
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Full house, many thanks to all presenters and great questions so far. Come by for the second oral slot starting now in 2.17 and the posters in X5 this afternoon.
🚨Climate change will put upward pressure on inflation, a peer-reviewed study finds. For over a year, @SenateBudget has detailed the MANY ways that climate change is raising costs for families and threatening our entire economy. (thread) axios.com/2024/03/25/cli…
March 2024: price of cocoa beans ⬆️ over $7,000 (approx. £5,500)/tonne – 3️⃣❎ March 2020 🍫 Weight for weight, this made cocoa over 1️⃣1️⃣❎ more valuable than oil Why? El Niño & climate change drive up cocoa prices w/ world’s largest exporters bit.ly/3Vp2prh
Trending in #Meteorology: ooir.org/index.php?fiel… 1) Global warming & heat extremes to enhance inflationary pressures (@CommsEarth) 2) The 2023 Ocean Temperature & Sea Ice Extremes in the Context of Longer-Term Climate Change 3) How, when & where current mass flows in Martian…
A reminder that the big positive green chunk for the euro area at the end is largely a result of the 2022 heatwave (see Kotz et al, 2023 for estimates of impact) for those still claiming climate change isn't a primary mandate issue.
A reminder that the big positive green chunk for the euro area at the end is largely a result of the 2022 heatwave (see Kotz et al, 2023 for estimates of impact) for those still claiming climate change isn't a primary mandate issue.
Global warming may lead to food inflation rising by up to 3.2 percentage points per year and overall inflation rising by up to 1.2 percentage points per year under temperature increases projected for 2035, according to a paper published in @CommsEarth. go.nature.com/3TuKq00
The strain that rising global temperatures could have on the agriculture industry and inflation around the world will likely cause food prices to increase even more, according to new research. trib.al/oZfdhZE
By 2035 food prices could be rising 3 per cent every single year due to rising temperatures alone, find @KotzMaximilian and co in a study done in collaboration with the European Central Bank: newscientist.com/article/242356…
Higher average temperatures increase #inflation: Rising temperatures could drive food inflation up by 3.2 percentage points and overall inflation by 1.18 percentage points annually by 2035, according to a new study by PIK's @KotzMaximilian and the @ecb: pik-potsdam.de/en/news/latest…
📢Alarming findings - Future global warming and intensifying heat extremes will lead to inflation increases across the world. 🔗nature.com/articles/s4324… @KotzMaximilian @PIK_Climate
📢Alarming findings - Future global warming and intensifying heat extremes will lead to inflation increases across the world. 🔗nature.com/articles/s4324… @KotzMaximilian @PIK_Climate
Many thanks for 30 excellent submissions, looking forward to seeing you all at #EGU24 in Vienna. @CA_Latest @PIK_Climate @columbiaclimate @LamontEarth @kan_risk @Compound_Event
Many thanks for 30 excellent submissions, looking forward to seeing you all at #EGU24 in Vienna. @CA_Latest @PIK_Climate @columbiaclimate @LamontEarth @kan_risk @Compound_Event
Great to see more coverage on "Climateflation" from @derStandardat, featuring our study from @PIK_Climate with the @ecb and input from @GernotWagner : derstandard.at/story/30000002… The study: ecb.europa.eu/pub/pdf/scpwps…
#SUERFpolicybrief “The impact of global warming on inflation: averages, seasonality and extremes” by @KotzMaximilian (@PIK_Climate), Friderike Kuik (@ecb), Eliza Lis (ECB), and Christiane Nickel (ECB) #ClimateChange #ClimatePhysicalRisk #InflationDynamics
Great to see our paper on precipitation extremes is trending just a few days after release! @Leonie_Climate @ALevermann
Great to see our paper on precipitation extremes is trending just a few days after release! @Leonie_Climate @ALevermann
Make your climate impact and hazard research impactful and submit to our multidisciplinary #EGU24 session on 'Advances in physical climate risk assessment for the financial and insurance sectors' A. Ceglar, @NicolaRanger, A. Ciullo, @KotzMaximilian meetingorganizer.copernicus.org/EGU24/session/…
Great to discuss our recent study on heavy precipitation extremes with @mjflepage from the @newscientist :) newscientist.com/article/240522…
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@RogerPielkeJr Roger, the **entire point of the paper** is that that outcome does *not* depend on RCP8.5
Great to hear, that people enjoyed my contribution @EGU. I also had great fun discussing my research with experts from the field. And thanks @agturnermonsoon and the entire team for convening this session and bringing all of us together in an intriguing #monsoon session.
Thanks to all who participated in oral & poster presentations in the #EGU24 #monsoon session, as well as our poster judges & active audience. Many discussions still ongoing. I particularly enjoyed this innovative approach to a poster from @ankatzenberger
Incredible turnout at my Alfred Wegener Medal lecture at #EGU2024 just now.
🚨Climate change will put upward pressure on inflation, a peer-reviewed study finds. For over a year, @SenateBudget has detailed the MANY ways that climate change is raising costs for families and threatening our entire economy. (thread) axios.com/2024/03/25/cli…
#ClimateChange is fueling global food inflation, driving up prices and impacting economies worldwide. Rising temperatures lead to supply shocks, causing long-term volatility in food prices. @scroll_in @KotzMaximilian @_TCglobal @unisouthampton tinyurl.com/db5xs2kd
Doing lit reviews can be fun... did some digging today and came across this BAMS article from last year on baseball + climate change! I think I have a new favorite journal article figure... journals.ametsoc.org/view/journals/…
El #CambioClimático amenaza la estabilidad de los precios de alimentos⚠️ Según un estudio de la @unipotsdam y el @ecb, para 2035, la #inflación global de alimentos podría incrementarse hasta un 3,2% anual, ejerciendo una presión adicional de hasta 1,2 puntos en los precios en…
Trending in #Meteorology: ooir.org/index.php?fiel… 1) Global warming & heat extremes to enhance inflationary pressures (@CommsEarth) 2) The 2023 Ocean Temperature & Sea Ice Extremes in the Context of Longer-Term Climate Change 3) How, when & where current mass flows in Martian…
A reminder that the big positive green chunk for the euro area at the end is largely a result of the 2022 heatwave (see Kotz et al, 2023 for estimates of impact) for those still claiming climate change isn't a primary mandate issue.
What caused the great inflation? Have a look at a new global accounting of the post-pandemic crisis (And admire the beautiful interactive charts I drew (rook ages) Newsletter: ft.com/content/a27f64… Sign up ⬇️ ep.ft.com/newsletters/su…
"There are likely going to be substantial impacts of future #climatechange on food prices across the world." PIK scientist @KotzMaximilian in @ABC news on latest study showing that higher average temperatures increase #inflation. abcnews.go.com/International/…
Global warming may lead to food inflation rising by up to 3.2 percentage points per year and overall inflation rising by up to 1.2 percentage points per year under temperature increases projected for 2035, according to a paper published in @CommsEarth. go.nature.com/3TuKq00
The strain that rising global temperatures could have on the agriculture industry and inflation around the world will likely cause food prices to increase even more, according to new research. trib.al/oZfdhZE
By 2035 food prices could be rising 3 per cent every single year due to rising temperatures alone, find @KotzMaximilian and co in a study done in collaboration with the European Central Bank: newscientist.com/article/242356…
As some of you might know, in the last 9 months, I've spent a lot of my free time developing pyfixest, a Python module inspired by R's fixest package for regression modeling with high-dimensional fixed effects. pyfixest has come a long way - by now it supports OLS, IV, Poisson
Co-directors Ottmar Edenhofer and @jrockstrom as well as many other PIK researchers are currently at #COP28📷, on site & virtually. They provide scientific expertise and present current research results. All events including PIK experts summarised👇pik-potsdam.de/en/news/latest…
Our paper on extreme rainfall is trending @KotzMaximilian @Leonie_Climate Here it is journals.ametsoc.org/view/journals/… It says that extreme rainfall events get stronger by 7% per degree of warming and more frequent by 17% per degree of warming.
Trending in #Meteorology: ooir.org/index.php?fiel… 1) Constraining the magnitude of projected extreme precipitation change (@AMSJCLi) 2) Leveraging neuroscience for climate change research (@NatureClimate) 3) Hydrogen-bearing vesicles in space weathered lunar calcium-phosphates…
What news does the storyline approach of the #Horizon2020 RECEIPT project bring to the research on #ClimateChange impacts? 🔍🌡🌪 @RMiddelanis, Doctoral Researcher at @PIK_Climate @PIK_Klima, explains it to us in this video. 🎥 Learn more 👉 climatestorylines.eu/storytelling/
Make your climate impact and hazard research impactful and submit to our multidisciplinary #EGU24 session on 'Advances in physical climate risk assessment for the financial and insurance sectors' A. Ceglar, @NicolaRanger, A. Ciullo, @KotzMaximilian meetingorganizer.copernicus.org/EGU24/session/…
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