In the United States, federal, state, and local government share responsibility for paying for losses from disasters. As the frequency and severity of disasters has increased, so have the losses. It's worth considering whether the current risk-sharing approach is appropriate.
Oct 14, 2020 The Hill
Thousands of Houston-area homeowners will face massive, uninsured losses due to flood damage. Few homeowners buy flood insurance unless they are required to, and it's only mandatory for homes with mortgages located in FEMA-defined high-risk flood zones. People tend to ignore low-probability risks.
Sep 12, 2017 The RAND Blog
Carbon dioxide has garnered the most attention in the climate change debate because it accounts for the bulk of greenhouse gas emissions. But there is good reason to worry about methane, say Nicholas Burger and Noreen Clancy.
Feb 6, 2013 The RAND Blog