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Cosmic Queries – Climate Solutions with Katharine Hayhoe, PhD
StarTalk Radio
Climate Change and Its Impacts on the Economy
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There's a different type of economics attached to this issue, and it's social capital. It's the idea that people have to first, believe, second, believe that action is necessary with some type of urgency. And then, third, punish those who will not participate in being the solution. Carbon really is carrying a cost until we incorporate it into our economic system. We have a socialized system, which is kind of ironic for most people,. cause people think all those climate solutions are socialized. No, no, no. Our current system is socialized because we, all us, as taxpayers and insurance owners and home owners and people who who a suffer the impacts of fossil fulus
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