Jul 23, 2019
In episode 93 of America Adapts, host Doug Parsons interviews Dr. Carolyn Kousky, the Executive Director at the Wharton Risk Management and Decision Processes Center at the University of Pennsylvania. In this lively discussion, Doug and Carolyn discuss: how wildfires in California drove their utility into bankruptcy and what policy reforms are needed to prevent this from happening again; who owns the legal risks of climate change; needed disaster aid reform; the dysfunctional nature of flood insurance and the need to help low income households get access to appropriate disaster insurance. These topics and much more!
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Dr. Carolyn Kousky is Executive Director at the Wharton Risk Management and Decision Processes Center at the University of Pennsylvania, where she also directs the Policy Incubator. Dr. Kousky’s research has examined multiple aspects of disaster insurance markets, the National Flood Insurance Program, federal disaster aid and response, and policy responses to potential changes in extreme events with climate change. She has published numerous articles, reports, and book chapters on the economics and policy of natural disasters and disaster insurance markets, and is routinely cited in media outlets including NPR, The New York Times, The Washington Post, Fortune, CBS News, and Business Insurance, among others. She is the recipient of the 2013 Tartufari International Prize from the Accademia Nazionale dei Lincei. Dr. Kousky was a member of the National Research Council Committee on Analysis of Costs and Benefits of Reforms to the National Flood Insurance Program and is a visiting Fellow at Resources for the Future. She has a BS in Earth Systems from Stanford University and a PhD in Public Policy from Harvard University.
Links in this episode:
https://riskcenter.wharton.upenn.edu/carolyn-kousky/
https://riskcenter.wharton.upenn.edu/wp-content/uploads/2019/02/Financing-Third-Party-Wildfire-Damages-1.pdf
https://www.citylab.com/environment/2018/10/how-america-fails-communicating-flood-risks/572620/
https://riskcenter.wharton.upenn.edu/incubator/
https://media.rff.org/archive/files/document/file/RFF-PB-17-01.pdf
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