The Government Should Step in When There's a Market Failure

Does the world need to rapidly convert to using renewable energy to save the planet from global warming? That was the topic of a Soho Forum debate held at the Sheen Center in New York City on August 15, 2022.

Andrew Dessler, the director of the Texas Center for Climate Studies at Texas A&M University, argued that fossil fuels are endangering life on the planet by causing global warming through greenhouse gas emissions. He contended that solar energy and wind energy are safe, reliable, and cost-effective means to decarbonize the electric grid.

Steven Koonin, who served as undersecretary for science at the Department of Energy during the Obama administration and is the founding director of New York University's Center for Urban Science and Progress, argued that making large and rapid reductions in greenhouse gas emissions aren't necessary to protect the earth. He also contended that doing so isn't cost-effective and that it's immoral. Koonin is also the author of Unsettled: What Climate Science Tells Us, What It Doesn't, and Why It Matters.

This debate was moderated by Soho Forum director Gene Epstein.

Intro edited by Regan Taylor; interview body edited by Brett Raney.

Photos by Brett Raney.

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