The Economic Toll of Climate Change

Just a few years ago, the U.S. was moving at a snail’s pace relative to Europe when it came to prioritizing the climate crisis. Today, we see fervent interest from policy and industrial standpoints, as well as mainstream society—while catastrophic weather events continue to exact heavy financial tolls. How is the world rehabbing from its addiction to fossil fuels and what are the likely global economic effects? Chief Investment Officer Tony Roth explores the weighty price tag with Gernot Wagner, NYU climate economics professor who pens Bloomberg’s Risky Climate and is co-author of Climate Shock.