The disastrous Economics of Climate Change
Prof. Steve Keen joins Nucleus Investment Insights to discuss his work on the disastrous economics of climate change, in which he contends numerous errors have been made in calculating the economic effects of climate change. Correcting for these errors makes it feasible that the economic damages from climate change are at least an order of magnitude worse than forecast by economists, and may be so great as to threaten the survival of human civilization. Additionally, we give an update on the costs of fossil fuels vs renewables and how all of this may impact investments going forward.