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:

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