Guest: Dr. Dale Jorgenson, PhD, Samuel W. Morris University Professor of Economics at Harvard University, and Professor of Policy at John F. Kennedy School of Government. He is also a Nobel Prize Nominee for his work on finance and economic policy around the globe.

Discussion on how the economics of 'doing nothing' to avert climate change 'in US & around the world' will increase coastal disasters, flooding, food shortages, fires - with the potential to bankrupt millions--including the insurance industry--costing millions in economic losses, and ultimately loss of human life in the US & abroad.

A fascinating discussion on how preemptive work by the US and its allies can help avert climate catastrophes saving hundreds of millions, if not billions of dollars across the planet - and saving countless lives in the process. Instead of denying the existence of climate change - that is whether it is man-made or not - what is certain is the inevitable damage it will certainly bring: fire, flood, loss of life, crippling economic damage, famine - by embracing the reality of it, we can make the necessary changes before disaster strikes. Changing our infrastructures, our energy sources, our food structure - can save countless lives, avert catastrophic damage, and save the economy - and the planet.

All nations around the world will suffer once the ice sheets melt and our cities are flooded or even under water - insurance companies will no longer write policies to prevent financial losses to those in flood prone areas - and if they are offered, the cost will be out-of-reach of most people. By harnessing our nation's wealth of ingenuity, we can create new strategies, limit damage, save the planet, save economies, and prevent further loss of life--by taking ownership of the problem, is the first step in finding the solution it. We need to start right now.

Dr. Jorgenson is the author of a several books including "Double-Dividend" a study on economic justice and the the impact of climate change.