The Libertarian view on the distributed energy transition
It wasn’t just science that got Eli Lehrer to accept the reality of climate change. It was insurance markets. As a free-market expert on insurance policy, Lehrer realized many years ago where the industry models were headed.
“Every modeling firm used by the insurance industry acknowledged climate change is real. If markets have the ability to aggregate information, then either markets don’t work or climate change is real. My judgment is that markets work and therefore climate change is real,” says Lehrer.
