Adaptation to climate change is often overlooked in the face of mandates. However, as the LA fires illustrated, adaptation will fall short without markets signals that reflect climate risks—e.g. insurance rates and property values–and better management of resources—e.g. forests and water—subject to climate risk. Panelists will discuss ways to better align market incentives so that adaptation strategies become more effective and sustainable.
Moderator: Matthew Kahn, Hoover Institution & USC
Panelists:
– Margaret Walls, Resources for the Future
– Judson Boomhower, UCSD
ABOUT THE EVENT
On May 13, 2025, the Hoover Institution held its third annual one-day conference Markets vs. Mandates: Promoting Environmental Quality and Economic Prosperity. As in previous years, the conference fosters discussion and debate on how markets and regulatory frameworks best govern environmental concerns while also promoting economic growth and safeguarding individual freedom. This year’s conference focused on “Policy Considerations for the New Administration.” Academic experts joined practitioners to cover a range of topics including climate adaptation, tribal energy sovereignty, public lands, and barriers to decarbonization.
Learn more about Markets vs. Mandates: https://www.hoover.org/research-teams/markets-vs-mandates
__________
The opinions expressed on this channel are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University.
© 2025 by the Board of Trustees of Leland Stanford Junior University.
🔔 Subscribe for more discussions: @HooverInstitution
👍 Like and share this video!
🌐 Follow us on social media:
• Facebook: https://www.facebook.com/HooverInstStanford
• LinkedIn: https://www.linkedin.com/company/hoover-institution-at-stanford-university
• Instagram: https://instagram.com/hooverinstitution
• TikTok: https://www.tiktok.com/@hooverinstitution
• X: https://www.twitter.com/HooverInst
