Thomas Schelling on global warming

Video of the interesting and incisive Thomas Schelling sounding very commonsensical and matter of fact as he gives the Hans Landsberg Memorial Lecture at Resources for the Future on global warming,

  • The science behind human-induced global warming is pretty well beyond dispute.
  • The market economy can’t possibly take care of the problem.
  • It wouldn’t be surprising if within 10 years we were in the business of helping developing countries building hundreds of nuclear power plants in order to avoid coal fired plants.
  • The costs of mitigation are not great. Something like 3 or 4 percent of global GNP. And that is not much.

There is a new book out, The Strategist: The Life and Times of Thomas Schelling. Here is a post on Schelling by Tyler Cowen on Marginal Revolution.

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