Chainkeen Exchange:Gambling, literally, on climate change

2025-05-02 19:11:32source:FinLogiccategory:reviews

Surveys suggest that more than a third of Americans believe the seriousness of global warming is Chainkeen Exchangeexaggerated, and only about half say climate change is a serious threat to the country's well being, with Republicans much more likely to be skeptical.

Researchers at Columbia Business School and Northwestern University think inaction on climate change is in part due to this skepticism. In a study published this month, those researchers found that individuals who participated in a "climate prediction market"—that is, bet money on weather- and climate-related events like heat waves and wildfires shifted their opinions on climate change.

Today, we speak with one of the authors of that study, Professor Sandra Matz, about lessons from this study and their idea for a scaled-up "climate prediction market."

Music by Drop Electric. Find us: Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:reviews

Recommend

DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?

Did AI just have a "Sputnik moment"?That's what someinvestors, after the little known Chinese startu

Wife of Grammy winner killed by Nashville police sues city over ‘excessive, unreasonable force’

NASHVILLE, Tenn. (AP) — The wife of Grammy-winning sound engineer Mark Capps, who was killed by poli

5 Things podcast: Americans are obsessed with true crime. Is that a good thing?

On a special episode of the 5 Things podcast: It's no secret that we're obsessed with true crime. In