Tackling Climate Change
The discussion delves into the urgency of addressing climate change and the need to take action now, drawing parallels to the hypothetical scenario of an approaching asteroid. The guests emphasize the high probability of catastrophic outcomes and the misconception surrounding stabilizing carbon dioxide stocks versus flows. They use the analogy of a bathtub to explain the importance of lowering emissions to stabilize the stock.In this clip
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EconTalk
Martin Weitzman on Climate Change
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