This CNN video, features a climate change debate between Paul Krugman and Bjorn Lomborg. Paul Krugman is a Professor of Economics and International Affairs at Princeton University. He is a columnist and blogger for the New York Times and received the 2008 Nobel Prize in Economics.
Bjorn Lomborg wrote the infamous book titled "The Skeptical Environmentalist". Bjorn Lomborg is an adjunct professor at the Copenhagen Business School.
Lomborg's main argument: We should not spend too much money on global climate change because the problem is really not that severe and money could be going towards things like poverty alleviation efforts in the developing world. If we do embark more aggressively on global climate change, we should put money into research and development for green technology and not cap and trade systems which he thinks are ineffective.
Krugman: Putting money into carbon reduction efforts will not be that expensive; the time for action is now. Studies are suggesting catastrophic changes will bring about major risks. He says that we have to insure ourselves for the possibility of catastrophic change. We need to provide the right incentives for people to do the right thing.
The debate is 10 minutes long, it is a great study break. Check it out here.
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