Tuesday, May 06, 2014

Business Opportunities Through Adapting to Climate Change

For young entrepreneurs thinking about what products to design read this "doom and gloom" and you will several different pathways to become the next Zuch.  To paraphrase the language of Real Business Cycle models, there is "plenty of time to build".  Those who can figure out how to design products that will create more resilient supply chains and to design consumer products that provide steady access to electricity and transportation will grow quite rich.  Government will not be the star of this show and in fact is likely to hinder adaptation through subsidizing coastal living.