CLIMATE COMMON SENSE: 1/4: Adapt and Be Adept: Market Responses to Climate Change by Terry Anderson (Editor)
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 4 August 2024
⏱️ 10 minutes
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Summary
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
Terry Anderson @HooverInst
https://thehill.com/opinion/energy-environment/547525-a-better-approach-to-climate-change-for-states
https://thehill.com/opinion/energy-environment/548667-climate-change-to-adapt-is-to-be-human
1940 BUCHAREST
Transcript
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| 0:00.0 | This is a |
| 0:05.0 | is CBS Eye on the World. |
| 0:08.0 | Here's John Bachelor. |
| 0:10.0 | It's a great pleasure to welcome my colleague of many years, Terry Anderson, of the |
| 0:15.6 | Hoover Institution, but now this is the author, Terry Anderson. |
| 0:19.5 | The new book is Adapt and Be Adept. This is a story of market responses to climate change all around |
| 0:27.4 | us. The chapters here go in many different directions about politics, about economics, about the physics of energy, |
| 0:37.8 | and also one lovely chapter about an Alaska native villages, one in particular on the Kuyukuk River, which is the tributary of the Yukon River, where |
| 0:49.7 | adaption is automatic, and yet people must have control authority they must have |
| 0:56.9 | input for their adoption that can't be imposed from outside |
| 0:59.9 | Terry a very good evening to you and it's a pleasure to speak about a subject that's all around us. |
| 1:06.0 | You have a witticism in here that I'm going to call up right now about climate change. |
| 1:12.0 | It's Pascal's Wager. Pascal's Wager had to do with |
| 1:15.8 | in the original with, suppose there's a God, suppose there's not a God. What are |
| 1:19.7 | your choices? And as I recall the way the Wager goes, I'm going to believe in God because if I do, there'll be heaven and eternity. |
| 1:29.0 | If I don't, I'll give up some candy and I'll not be a rascal on good days, but that's not losing a whole lot |
| 1:36.8 | given what I'll gain if there is a god. |
| 1:39.7 | Now if I apply that to climate change, suppose it is climate change and suppose there's not. |
| 1:44.4 | Why not proceed as if there is? |
| 1:47.3 | Because then of course I will be prepared for the changes that are coming. |
| 1:52.0 | Have I stated Pascal's wager correctly in the analogy? |
| 1:55.2 | Good evening to you, Tara. |
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