TY  - BOOK
AU  - Bento,Antonio
AU  - Miller,Noah S.
AU  - Mookerjee,Mehreen
AU  - Severnini,Edson R.
ED  - National Bureau of Economic Research.
TI  - Time is of the Essence: Climate Adaptation Induced by Existing Institutions 
T2  - NBER working paper series
PY  - 2021///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - May 2021; Hardcopy version available to institutional subscribers
N2  - This study conceptualizes and demonstrates empirically that existing non-climate policies can induce climate adaptation. Adaptation involves adjusting to or coping with climatic change with the goal of reducing our vulnerability to its harmful effects. We examine the impact of temperature on ambient ozone concentration in the United States from 1980-2013. Ozone is formed under warm temperatures, but regulated by the Clean Air Act. These air quality standards may act as a buffer against extreme increases in ambient ozone concentration. Indeed, adaptation in counties out of attainment with the standards is 107 percent larger than under attainment, implying substantial regulation-induced adaptation
UR  - https://www.nber.org/papers/w28783
UR  - http://dx.doi.org/10.3386/w28783
ER  -