Emission Trade-offs
The discussion highlights the challenges of adapting to climate change, particularly the limitations of current solutions like electric cars, which are often subsidized but primarily benefit wealthier individuals. The conversation emphasizes the inefficiency of existing measures to reduce emissions and the need for more equitable and effective strategies. Moving away from vulnerable coastal areas is mentioned as a potential adaptation, but it's not a viable option for everyone, especially in low-lying regions.In this clip
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EconTalk
Robert Pindyck on Averting and Adapting to Climate Change
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