I'm John Batch.

I'm John Batch.

And I'm speaking with great pleasure with Terry Anderson.

My colleague, he's the Hoover Institution,

but he's the editor of a new book

adapt and be adept market responses to climate change assume climate change what is

to be done we've been discussing how carbon taxes incentivized from the top or carbon clubs

incentivized from the top are not going to work very effectively.

They're going to be imposed and therefore there will be

either resistance or indifference or they'll fail because the prices are not honestly discovered.

They're obliged. Then again the question of when you find the price when the

consumers adapt to what is going on around them locally, regionally,

nationally, nationally, can they do more than that?

And I learned from a chapter that Terry publishes

by Bjorn Lomborg, the very well-known commentator,

I read him all the time in the Wall Street Journal

op-ed page, about climate change, about the changes that the Earth is undergoing.

And I learned from him that for a long time adaptation was, I think the way he put it Terry was bad form I don't

understand that was it was it unacceptable because you were seen as denying

climate change is Is that why? Well, exactly and in fact, Biorn has been

continually accused of being a climate denier and you don't need to read more than a couple of sentences of anything he's written recently to find that he's no longer I think there was a time along with many others that that people were skeptical of just the extent to which climate was changing.

And Diorin was one of them, as was I.

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