Ceres Sustainability Podcast
An ongoing conversation with investors, corporations, policy makers and public interest groups about how they are adapting business strategies and financial markets to address the risks and opportunities of climate change and other sustainability issues.

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February 2010
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Syndication

Facts and Fancy: The Economics of Climate Change

While Congressional action on climate and energy legislation may be in a holding pattern, debates about the costs and benefits of climate change legislation haven't stopped. In fact, these disagreements have driven a wedge between political leaders, economists and the general public, adding confusion and doubt when it comes to the merits of passing climate and energy legislation in the U.S. Will climate policy cost thousands of dollars and endanger thousands of jobs? Or will it bolster the U.S. economy, create clean American jobs and keep our country competitive as we usher in the clean energy economy? There have been plenty of studies on the matter, but attempts to distort the facts have led to confusion over the realities of the economics of climate change. So, why should we be skeptical of the doom and gloom models that climate naysayers are propagating? In this episode, we speak with John M. Reilly, Associate Director for Research at the MIT Joint Program on the Science and Policy of Global Change, about the facts and fancy of climate change economics. [Music: Rahsaan Roland Kirk, "The Creole Love Call" from The Inflated Tear (Wea UK, 1967); Puff Daddy, "It's All About the Benjamins" from No Way Out (Bad Boy, 2005)]

Direct download: Facts_and_Fancy_0210.mp3
Category:podcasts -- posted at: 11:00am EDT