Make Me Smart From "How We Survive": The climate crisis is an economic crisis
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Sep 29, 2025 Elizabeth Kolbert, a Pulitzer Prize-winning science writer and New Yorker staff writer, dives into the economic implications of the climate crisis. She discusses how climate-related disruptions are projected to cost trillions, affecting real estate and investments. Kolbert sheds light on the urgent need for renewable energy and explores the potential of decarbonization as a viable solution. She emphasizes the role of local action and innovation in combating climate issues, while warning about the persistent political and societal challenges that hinder progress.
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Climate Change Is Also An Economic Crisis
- The climate crisis is an economic crisis with huge projected costs if we do nothing.
- Transitioning away from fossil fuels costs far less than the annual economic damage of climate impacts.
Wildfire Close Call That Changed Plans
- Kai Ryssdal described the Eaton fire stopping 1.8 miles from his house and how it concentrated his thinking about moving.
- Personal experience of nearby wildfire changed his family's plans and highlights behavioral effects of climate risks.
Housing Market Risks From Climate
- Climate-driven higher insurance costs are already affecting U.S. housing markets and home values.
- Research estimates 15–20% of U.S. homes face significant risk from flooding or wildfire within decades.
