Ross McKitrick - Breaking the Climate Change Stalemate

The video features a discussion with Ross, an economist at the University of Guelph, about his grant on state-contingent environmental policy. It explores the challenges of applying traditional economic models to global warming, the use of integrated assessment models, and the debate over climate sensitivity. Ross proposes a novel approach of linking carbon tax rates to temperature changes, emphasizing market-based forecasting. The conversation highlights interdisciplinary collaboration between economists and climatologists and discusses educational opportunities for students in environmental economics.

What is the main difference between standard environmental economics and the global warming issue as discussed in the text?

How do integrated assessment models attempt to address the complexities of climate change?

What are the two opposing views regarding the sensitivity of the state variable to emissions?

What innovative approach does the speaker propose for setting a carbon tax?

What are the implications of having a market that sets the tax based on temperature forecasts?

In what ways do economists and physical scientists learn from each other in the context of climate change?

What challenges are associated with agreeing on a temperature measure in climate science?

What is the significance of the Hockey Stick graph in the context of climate change discussions?

How does the speaker view the role of young economists in addressing climate change?

How does the speaker propose to evaluate different ways of measuring the average temperature of the atmosphere?