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EconTalk

Robert Pindyck on Averting and Adapting to Climate Change

EconTalk

Library of Economics and Liberty

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4.74.3K Ratings

🗓️ 21 March 2022

⏱️ 71 minutes

🧾️ Download transcript

Summary

Economist Robert Pindyck of MIT talks about his book, Climate Future, with EconTalk host Russ Roberts. Pindyck lays out what we know and do not know about climate change. He argues that because of the nature of greenhouse gases, adaptation must be part of the policy response to climate change.

Transcript

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0:00.0

Welcome to Econ Talk, Conversations for the Curious, part of the Library of Economics

0:07.0

and Liberty.

0:08.0

I'm your host, Russ Roberts of Shalem College in Jerusalem and Stanford University's Hoover

0:13.0

Institution.

0:14.0

Go to econtalk.org where you can subscribe, comment on this episode and find links down

0:18.6

the information related to today's conversation.

0:21.6

You'll also find our archives, but every episode we've done going back to 2006.

0:26.8

Our email address is mail at econtalk.org.

0:30.3

We'd love to hear from you.

0:37.7

Today is February 23, 2022, and my guest is author and economist Robert Pindike of MIT.

0:44.0

This is his second appearance on the program.

0:46.0

He was last here in August of 2013 talking about climate change.

0:50.3

His latest book is Climate Future, a verdict and adapting to climate change.

0:54.7

Bob, welcome back to econtalk.

0:56.7

Thanks.

0:57.7

It's nice to be here.

0:58.7

Now, this is a deeply, I would say, pessimistic and deeply optimistic book, which is quite an

1:04.5

achievement.

1:05.5

The other probably love about it is it embodies the motto of this program, which is,

1:10.2

it's complicated.

1:11.2

There's a lot of humility about what we know and don't know, which I deeply appreciated.

1:17.1

Let's start with a line from the book.

...

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