Analysis Lehrer talks climate change and insurance on the Weather Channel
On the Weather Channel recently, R Street President Eli Lehrer explained the most straightforward reason why those who believe in a free market ought to accept the reality and some of the potential danger of climate change: that’s what those market actors who have money on the line — namely, the global property insurance and reinsurance industries — have come to conclude. Since the insurance doesn’t have any particular incentive to fall for ideologically driven hyper-alarmism, that should be considered “the free market’s validation that climate change is real and a problem.”
Watch the full clip below:
