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 new insight or understanding did you gain from this video?