3/4: La Nina approaches. 3/4: Adapt and Be Adept: Market Responses to Climate Change by Terry Anderson (Editor)
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 7 May 2023
⏱️ 14 minutes
🧾️ Download transcript
Summary
@Batchelorshow
3/4: La Nina approaches. 3/4: Adapt and Be Adept: Market Responses to Climate Change by Terry Anderson (Editor)
https://www.amazon.com/Adapt-Be-Adept-Responses-Climate/dp/0817924558/ref=sr_1_1?dchild=1&qid=1618603521&refinements=p_27%3ATerry+Anderson&s=books&sr=1-1
How can markets help us adapt to the challenges of climate change? The editor Terry L. Anderson brings together this collection of essays featuring the work of nine leading policy analysts, who argue that market forces are just as important as government regulation in shaping climate policy—and should be at the heart of our response to helping societies adapt to climate change.
Anderson notes in his introduction that most current climate policies such as the Paris Agreement require hard-to-enforce collective action and focus on reducing or mitigating greenhouse gases rather than adapting to their negative effects. Adaptive actions can typically deliver much more, faster and more cheaply than any realistic climate policy. The authors tackle a range of issues: the hidden costs of renewable energy sources, the political obstacles surrounding climate change policy, insurance and financial instruments for pricing risk of exposure to the effects of climate change, and more.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hello Albert Einstein here. Today I've popped into Dev's cafe. He's one of many business owners |
| 0:07.3 | who are already using a smart meter to feel more in control of their budgeting. A smart meter helps |
| 0:13.4 | you track your energy use and costs over time so you know how much you're spending on your energy |
| 0:19.3 | bills, meaning less time guessing and more time to focus on the other important... Do you want milk |
| 0:24.3 | with that? Pits of your business. Such can a smart meter today. A legibility may vary consumer |
| 0:29.2 | action required. I'm John Batch. My colleague, Terry Anderson of the Hoover Institution, is the editor |
| 0:40.4 | of a new book, Adapt and Be Adapt. This is market responses to climate change. And one of the market |
| 0:46.9 | responses is trade. Again, we're looking at the question of not what if there's climate change. |
| 0:53.9 | We're assuming, Pascal's wager, we're going to assume there is climate change because we'll |
| 0:59.2 | adapt beforehand. If there's not, we haven't heard anything. We've made some adjustments and it |
| 1:05.4 | was probably all to the better that we were in charge. It empowered us. But I'm assuming there |
| 1:10.4 | is climate change and it's time to adapt. Trade is one way and one of the pieces that Terry edits |
| 1:16.8 | and publishes by Timothy Fitzgerald is about trade and climate policy. And there's a term of art |
| 1:23.1 | here. I'm learning. This has to do with border, carbon adjustments. What is that, Terry? |
| 1:31.0 | Well, first off, Tim is a longtime friend from the colleague and he spent time in the Trump |
| 1:39.9 | Administration with the Council of Economic Advisors. And I think he received a real education |
| 1:47.6 | in whether economics or politics dominates. And you can guess which does. And the notion of these |
| 1:59.2 | these border maneuvers to try and account for climate change is that we will correct the price |
| 2:08.5 | that we pay for goods by forcing other countries to put taxes on their products to change the |
| 2:15.2 | price to reflect again the carbon they use. That's how the theory goes. But in fact, what happens is |
| 2:23.3 | people who want trade barriers use this disguise or they put the wolf in sheep's clothing, |
| 2:36.8 | sheep's clothing in this being climate change. And they disguise then the real goal of many of |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from John Batchelor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of John Batchelor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.