4/4: Adapt and Be Adept: Market Responses to Climate Change. Paperback – April 1, 2021, by Terry Anderson (Editor)

Apr 17, 12:00 AM
Photo: No known restrictions on publication. 1900.  St. James Mission was an Episcopal mission established in Alaska, near the confluence of the Tanana and Yukon Rivers. The point of land between the rivers had been a historic trading place for Athabascan peoples. Built over the years between 1887 and 1900, the site grew to include a school, hospital, and sawmill, as well as the reading room and bell tower shown here. Initially there were two worship places at the mission: St. James Mission, for whites, and the Mission of Our Savior for native people.
Handwritten on image: Photo by F. H. Nowell
Handwritten beneath image: St. James Mission, Tanana, Alaska

Caption information sources: Tananachiefs.org website; LitSite Alaska website.
Subjects (LCTGM): Missions--Alaska--Tenana
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4/4: Adapt and Be Adept: Market Responses to Climate Change Paperback – April 1, 2021.by Terry Anderson (Editor)


How can markets help us adapt to the challenges of climate change? The editor Terry L. Anderson brings together this collection of essays featuring the work of nine leading policy analysts, who argue that market forces are just as important as government regulation in shaping climate policy—and should be at the heart of our response to helping societies adapt to climate change.

Anderson notes in his introduction that most current climate policies such as the Paris Agreement require hard-to-enforce collective action and focus on reducing or mitigating greenhouse gases rather than adapting to their negative effects. Adaptive actions can typically deliver much more, faster and more cheaply than any realistic climate policy. The authors tackle a range of issues: the hidden costs of renewable energy sources, the political obstacles surrounding climate change policy, insurance and financial instruments for pricing risk of exposure to the effects of climate change, and more.

Reliance on emerging renewable energies and a carbon tax are not enough to prevent the effects of global warming, they argue. We must encourage more private action and market incentives to adapt to a rapidly changing climate