Kristina Karlsson

@karlsson-kris.bsky.social

Dep. Director, Climate Policy at The Roosevelt Institute/Roosevelt Forward @rooseveltinstitute.bsky.social. aspiring used bookshop owner. My opinions.

My new brief for @cplusci is out today! I tried to take on the “tradeoff” question from a different starting point: where decarbonization and affordability are stated political goals, and the task is to find the right policy and market/ownership structure to achieve them.

Climate and Community Institute@cplusc.bsky.social · 3mo ago

Affordability and decarbonization aren’t at odds—they go hand in hand. @karlsson-kris.bsky.social and @pmbigger.bsky.social discussed our new research with @alybatt.bsky.social in @jacobinmag.bsky.social 🧵

Fed Lit #2 is out now! The paper we profiled demonstrates the role uncertainty plays in amplifying the econ impacts of climate risk. In light of recent "bad vibes" data tracking consumer sentiment/uncertainty - this analysis shows that vibes + material temperature changes = real economy stagnation.

Roosevelt Institute@rooseveltinstitute.org · last yr.

🔥 Rising temperatures + unpredictable economic policy = a recipe for stagnation. States with high policy uncertainty face 10x the economic hit from climate risk. More in the latest #FedLit from Sarah Bloom Raskin & @karlsson-kris.bsky.social: fedlit.substack.com/p/issue-2-cl...

Key finding graphic that reads: Climate risk, measured by temperature increases and temperature volatility, had a statistically significant negative impact on the state-level Coincident Economic Activity Index (CI). This index tracks nonfarm payroll employment, unemployment, average hours worked in manufacturing, wages, and salaries.

Our 1st #FedLit post focuses on insurance market dynamics in Florida. We learned a lot from Ishita Sen Parinitha Sastry and Ana Maria Tenekedjieva about how fragile, often insolvent, insurers that dominate the market in Florida, drive increased mortgage delinquencies after climate disasters. 👀👇

Roosevelt Institute@rooseveltinstitute.org · last yr.

🌪️ Climate disasters are hitting insurance and housing markets. In the first #FedLit issue, @karlsson-kris.bsky.social & Sarah Bloom Raskin explore how fragile insurers and mortgage delinquencies are tied to climate risk—and why the Fed must act. fedlit.substack.com/p/issue-1-cl...

🌪️ Climate disasters are hitting insurance and housing markets. In the first #FedLit issue, @karlsson-kris.bsky.social & Sarah Bloom Raskin explore how fragile insurers and mortgage delinquencies are tied to climate risk—and why the Fed must act. fedlit.substack.com/p/issue-1-cl...

Issue 1: Climate Disaster → Insurer Fragility → Mortgage Delinquency

“When Insurers Exit: Climate Losses, Fragile Insurers, and Mortgage Markets”

fedlit.substack.com

Hi new bluesky friends! Today Sarah Bloom Raskin and I launched a newsletter - FedLit. We'll be discussing critical climate risk literature and the stakes for central bankers. Maybe we'll nag the Fed into reading along with us. I hope you'll consider subscribing, our first issue drops next week!

Roosevelt Institute@rooseveltinstitute.org · last yr.

Central bankers can’t afford to ignore climate risk. #FedLit 🌍 is a new monthly newsletter from @karlsson-kris.bsky.social & Sarah Bloom Raskin on all things climate & central banking. Subscribe now ahead of the first issue! fedlit.substack.com

Image of a graphic that reads Fed Lit from the Roosevelt Institute

It's worth noting that the risks between short-term insurance policies, long-term mortgages, and climate change aren't new, even if we're seeing increasingly dire examples of how it can manifest. I wrote this in 2020: papers.ssrn.com/sol3/papers....

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Greg Greene (he/him/his)@greene.haus · 2y ago

🎯 : “Economists are beginning to sound warnings, urging the mortgage industry and insurers to face the risky reality that annual insurance policies cannot always be reconciled with 30-year loans.”