Gernot Wagner: Climate Shock: Seeking Insurance Against a Warming Planet

Chapters:————-Introduction: 0:00The Four Factors That Make Climate Change Hard to Stop: 1:29The Unknown Unknowns of Climate Change: 3:43Free-Riders: Why Society is Paying for Your Carbon Emissions: 5:16Cap and Trade in CA: How Other States Can Follow California’s Lead: 8:26Who is Combating Climate Change Best: 10:55Geo-engineering and Other Potential Quick Fixes for Climate Change: 13:18Viable Clean Technology Solutions That Make a Difference: 19:00Insuring the Earth: An Insurance Policy to Mitigate CO2 Emissions: 20:05Audience Questions—————————Question 1: Where Do Carbon Credits Go When Pricing CO2?: 23:07Question 2: What Role Should International Bodies Play to Save Nations on the Edge of Climate Disaster?: 24:24Question 3: What is the Impact of Class Hierarchy in Climate?: 26:40Question 4: Drought in CA: Connecting the Issue to Climate Change?: 28:19Question 5: How Can Climate Issues Become a Major Agenda Item in the 2016 Elections?: 30:40Question 6: Climate Shock: Why Do We Need Another Book on Climate?: 32:35Question 7: Are Fee and Dividend Calculations More Effective Than Fee and Carbon Trade?: 34:43Question 8: What is the Response of Business to Climate Shock’s Argument?: 36:06Question 9: Is There Any Leverage to Be Gained from Divestment Campaigns at US Universities?: 37:15Question 10: Are Economic Factors a Middle Ground for Climate Deniers?: 41:12Question 11: How Did Wagner Arrive at $40 per Ton of CO2 Emissions?: 43:10Question 12: How is China Contributing to Climate Change and CO2 Reduction Solutions?: 46:43Question 13: What is Happening in India Regarding Climate?: 50:13Question 14: Are Climate Change Reduction Measures Impeding Other Areas of Innovation?: 51:33Question 15: How Would Wagner Advise the GOP to Revise Its Views on Climate Change?: 54:12Question 16: How Will CO2 Pricing Affect Developing Countries?: 57:59Question 17: Is This the Year of Climate? Have We Reached the Turning Point?: 1:00:13Conclusion: 1:02:45————————————————————————————————————————————————————-Climate change has long been a topic that inspires concern, but little action. While signs of its impact have slowly increased, it seems not to pose an imminent enough threat to initiate a global attempt to slow its progress. However, if we wait for the threat to become imminent, it may be too late to respond.According to Gernot Wagner, lead senior economist at the Environmental Defense Fund, we should begin thinking about responding to climate change in the same way we think about our health or car insurance – as a way of managing potential risk. Wagner will share his insights on the political and economic barriers to preemptive action, the economic consequences of a hotter planet and the extreme responses, such as geoengineering, that will likely come from waiting too long to act.Speaker Gernot Wagner is a Lead Senior Economist at the Environmental Defense Fund.For more information about this event please visit: http://www.worldaffairs.org/events/event/1424

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