Oxford College Principles of Microeconomics Course

Vox Talks: Climate shock: the economic consequences of a hotter planet

Nov 19, 2025
Gernot Wagner discusses risk and uncertainty in climate change, advocating for proactive action and pricing the full cost of damages. The podcast explores economist's solutions like reducing plastic bag use and implementing carbon pricing. The discussion criticizes using geoengineering as a solution, highlighting potential threats and economic forces. Taking action is emphasized, including raising awareness and policy-level initiatives like coal taxes and cap and trade experiments.
Ask episode
Chapters
Transcript
Episode notes