Adapt and Be Adept: Market Responses to Climate Change

by Terry L. Anderson (Editor)

Overview

How can markets help us address the challenges of climate change? Most current climate policies require hard-to-enforce collective action and focus on reducing greenhouse gases rather than adapting to their negative effects. Editor Terry L. Anderson brings together essays by nine leading policy analysts who argue that adaptive actions can typically deliver much more, faster, and more cheaply than any realistic climate policy.

Product Details

ISBN-13:	9780817924553
Publisher:	Hoover Institution Press
Publication date:	04/01/2021
Pages:	256
Product dimensions:	5.50(w) x 8.50(h) x 0.70(d)

About the Author

Terry L. Anderson is the John and Jean De Nault Senior Fellow at the Hoover Institution, Stanford University and professor emeritus at Montana State University. He is the coauthor of Free Market Environmentalism.

Table of Contents

Acknowledgments vii

1 Introduction Terry L. Anderson 1

2 Hydrocarbons Are Here to Stay Mark P. Mills 15

3 The Political Realities of Climate Policy Kenneth W. Costello 53

4 Merging Trade and Climate Policy Timothy Fitzgerald 87

5 Subsistence in Alaska Native Villages: Adapting in the Face of Climate Change and Government Regulations E. Barrett Ristroph 119

6 Improving Price Discovery to Accelerate Adaptation to Climate Change Gregory W. Characklis Benjamin T. Foster Matthew E. Kahn 149

7 Can Fire Insurance Manage Wildfire Risks in California? Ronald Bailey 179

Epilogue: Adaptation-Simple but Effective Bjorn Lomborg 197

Bibliography 205

About the Contributors 225

Index 231

Editorial Reviews

"With headlines of gloom and doom, this book provides the missing, grounded hope, based upon our species remarkable ability to adapt and flourish." —Lance Gilliland, managing director, Tudor Pickering, Holt & Co.

"In the flood of books and articles about global warming, this book stands out: it is more realistic, honest, and helpful than much of the discussion about climate change policy." —Matt Ridley, author of How Innovation Works and The Rational Optimist

"Brings solid economic thinking to the challenge of harnessing market forces in the service of adaptation to a changing and variable climate." —G. Tracy Mehan III, executive director for government affairs, American Water Works Association

"You don't have to agree with faith in the markets to know this book is important. Anyone who cares about the future should pay attention." —McKenzie Funk, journalist and author of Windfall

From the Publisher