Pricing the Planet: How Valuing Natural Assets Might Solve the Climate Crisis

Pricing the Planet: How Valuing Natural Assets Might Solve the Climate Crisis | Amanpour and Company

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From wildfires to record-breaking heatwaves, the climate crisis is dealing devastating blows to humans and wildlife. Paula DiPerna’s new book "Pricing the Priceless" explores how capitalism can be used to fight the climate crisis and protect the planet’s essential assets. DiPerna talks to Hari Sreenivasan about attaching monetary value to commodities like water and fresh air in order to incentivize people and businesses in the fight against climate change.
Originally aired on June 6, 2023
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Amanpour and Company features wide-ranging, in-depth conversations with global thought leaders and cultural influencers on the issues and trends impacting the world each day, from politics, business and technology to arts, science and sports. Christiane Amanpour leads the conversation on global and domestic news from London with contributions by prominent journalists Walter Isaacson, Michel Martin, Alicia Menendez and Hari Sreenivasan from the Tisch WNET Studios at Lincoln Center in New York City.
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Пікірлер: 80

@belladonnatook8851 Жыл бұрын

A large part of our problem is that we do not, dare not (are not "allowed" to) question the capitalist system, so we are unable to envision a healthier way of existence.

@JoeZorzin Жыл бұрын

what are you talking about? people question the capitalist system every day- like you're doing right now- when you come up with a healthier system, let us know

@belladonnatook8851 Жыл бұрын

@@JoeZorzin Sit down, son. You're out of your league.

@JoeZorzin Жыл бұрын

@@belladonnatook8851 It's so nice that superior people like you are here. 😃

@belladonnatook8851 Жыл бұрын

@@JoeZorzin Yes, I know. Save you from your stupidity.

@lisacarey4951 Жыл бұрын

@@JoeZorzin socialism that puts the planet and people first, then corporations (capitalism) second!!!!!!!!!!

@nonamesl3f7duuude Жыл бұрын

Well spoken, insightful. Enjoyed this interview

@ohotnitza Жыл бұрын

It's a really interesting idea. I like these ways of thinking out of the box.

@srcarranza Жыл бұрын

Economist Armando González-Cabán from UC Riverside and the FS also worked on this for at least twenty years, until he passed away. I sure hope someone picked up on his enormously valuable research. Extremely important. Politicians won't do the right thing unless you 'show them the money'.

@youtuber5305 Жыл бұрын

Anyone expecting politicians to do the right thing might find the 2023 article "My Dinner with Sydney..." of interest since it mentions Lampedusa's 1958 novel "The Leopard" whose elderly main character says: - What would the Senate do with me, an inexperienced legislator who lacks the faculty of self-deception, essential requisite for anyone wanting to guide others …Now you need young men, bright young men, with minds asking ‘how’ rather than ‘why,’ and who are good at masking, at blending, I should say, their personal interests with vague public ideals.

@srcarranza Жыл бұрын

Clarification: I mean the cost-benefit relation of their decisions.

@nrs6956 Жыл бұрын

"Carbon foot print" is contemporary mumbo jumbo for alleviating corporate responsibility.

@EvolutionWendy Жыл бұрын

Water, air, food and resources are HUMAN RIGHTS. They Should Not Go To People With The Most Money.

@imperialmotoring3789 Жыл бұрын

Nor should they be taken from me by force from government to give to others for votes.

@andreah6379 Жыл бұрын

What the Native American Indians did was give every natural resource IT'S OWN right! Left up to human beings poor or rich doesn't guarantee the respect water, air, land should all get. EX: Plant life was always given reverence. There were healing plants known for curing sickness and before any human would pick the plants, they would say a prayer in respect of what they were about to receive from this gift of nature, so they never over-harvested any plant life or tree. Humans today, especially Americans where we are taught, "More is better," are devastating our forests and plowing down important ecosystems not caring about the wildlife it serves because we also are taught that humans are entitled and animals are not. Too many of humans don't know how to respect all life on earth. So, yes, with the greed of mostly the uber rich, and the apathy of the masses, here we all are.🔥⚰

@belladonnatook8851 Жыл бұрын

@@andreah6379 I couldn't agree more.

@imperialmotoring3789 Жыл бұрын

@@andreah6379 As a Native American I take offense at your submission to the government. The government has zero respect for air, water, or natural energy such as coal and oil. The government only respects itself.

@youtuber5305 Жыл бұрын

@@andreah6379 The 2023 article "How a Tribal Rights Lawyer Is Winning Back the Rights of Nature" may be of interest.

@susananderson5029 Жыл бұрын

Really useful intelligent presentation. Here's hoping people get together and solve problems, instead of looking for people to blame and exploit.

@EvolutionWendy Жыл бұрын

Good God we've already "valued" natural assets, pricing Nature ensure the Rich Persons will pay to eat the last fish, the last mammal, the last bird...

@belladonnatook8851 Жыл бұрын

Shoot & kill the last lion, the last gorilla, the last...

@charleshubbard3573 Жыл бұрын

Yes I agree, but for space stations, and other things of controlling human life, The Value of systems are important

@basin_natural_capital Жыл бұрын

such an important concept! Society and the Economy is 100% reliant on Nature!

@carabrownell4244 Жыл бұрын

Some excellent instruction here

@lindascanlan6317 Жыл бұрын

Brilliant interview...ty ty ty

@belladonnatook8851 Жыл бұрын

This is an example of knowing the "price" of everything & the "value" of nothing. Of not understanding that if you let the same people who define the value of things set the price, then everything gets devalued by the limitation of their experience. Unfettered capitalism is poison.

@davem4223 Жыл бұрын

Amen. "Unfettered capitalism" brought us to this state!

@beadingbusily Жыл бұрын

The costs of the health problems and housing relocation caused by pollution, people's lives are priceless.

@pavelsmith2267 Жыл бұрын

Not everybody fights. Nowadays, people who fight are more furious than ever. However there are significant reasons as to why some who do not fight are allowed to continue living. This is the full fury of Climate Combat. Climate Combat Change.

@Guitarman313 Жыл бұрын

Interesting. Like the DIA example, among others. “Value added model.”

@caroletomlinson5480 Жыл бұрын

Scientists were asking to put prices on our resources at least 30 years ago. Will it ever happen?

@reginafefifofina Жыл бұрын

Land valuation of the planet? If you were the man selling the world, how much would it cost?

@paulheydarian1281 Жыл бұрын

999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,990

@jghifiversveiws8729 11 ай бұрын

Please stop giving them ideas 😅

@nonamesl3f7duuude Жыл бұрын

ESG needs further review by the participants. Seems like a scam.

@lindascanlan6317 Жыл бұрын

Umair Haque suggested this type of valuation too...

@MM-tb2fg Жыл бұрын

Natural life under the microscope, everything and everyone must be measured, and tracked for social impact investor profit.

@brianmcnish1835 Жыл бұрын

Stop with the capital system and use a different economic value eg Economics of Well Being.

@belladonnatook8851 Жыл бұрын

Yello!

@youtuber5305 Жыл бұрын

In a capitalist system, doesn't every decision become just another 'business' decision?

@belladonnatook8851 Жыл бұрын

@@youtuber5305 Basically.

@kimojolly5101 Жыл бұрын

I live in Central America. I want to conserve the forest on the 50 acres that I "own". But forest conservation costs money. The WORLD should be paying me and all my very poor neighbor's who conserve forest, because our effort benefits all the world. But so far, they do not. The WORLD also does not care about our poverty, nor our security from military invasion. This needs to change. Poor people the world over need security from violence, financial, then development assistance, and finally, salaries for their role protecting ecosystems like forests, rivers, oceans, that benefit everyone else. But the threat of military invasion should be eliminated FIRST. Then if at least we are not fearing for our lives, or being paid to kill each other, we can begin to help each other with development, and then later cooperate to battle climate change. We need to get started.

@JoeZorzin Жыл бұрын

If you own 50 acres- you can produce some wealth from it with high quality forestry- that is, occasionally harvesting of trees to help serve the lumber and other wood needs of local people.

@hwi6913 Жыл бұрын

I agree. We, the so-called developed countries that plundered the rest of the world for decades and invented an eternal debt, should indeed pay those who preserve rather than exploit. As a French philosopher said, "all the misfortune of men comes from a single thing, which is not knowing how to rest in a room". (Blaise Pascal - 1669)

@belladonnatook8851 Жыл бұрын

@@hwi6913 I love this!

@reginafefifofina Жыл бұрын

9:39 am I hearing 10% tithing for non denominational climate recapture?

@MichaeldeSousaCruz Жыл бұрын

But the cost will just be passed through to the customer 🤷‍♂️ And currency just comes from the government that issues it. That’s how Money is made 🤷‍♂️

@MM-tb2fg Жыл бұрын

Unless the government places value on other things, like desired behaviors, and issued those through a tokenized currency.

@MichaeldeSousaCruz Жыл бұрын

@@MM-tb2fg here in the U.S., the government issues US Dollars, therefore it can just use US Dollars that it already has the power to issue to pay for any kind of work we deem as essential for human life.

@reginafefifofina Жыл бұрын

Ask an actuarial in the insurance industry 5:06

@eliashe1797 10 ай бұрын

Hm. People have been suggesting this and rejecting it for many decades now. Bc its a terrible idea that will only make the situation worse. All it will do is make some people rich. Imagine wars over dirt, air, water, etc... note this is similar to arguments to 'privatize water', the results of doing so are predicatable. Some people get rich, some people die.

@pavelsmith2267 Жыл бұрын

Plain and Simple y'all: Pollution is Dead Heat. And we become Dead Cold. Too much stifled emotions and the Dead Heat will kill you; with no space left to go.

@ninemoonplanet Жыл бұрын

How much money 💰💰💰💰💰💰💰💰 is spent on health care, road maintenance, aircraft fuel, the list is long. Add those costs up, the costs from pollution are much greater. Forest fires, homes lost, businesses gone, insurance rates removed or raised. The number of deaths, losses are going to become far more expensive. Add those costs in and either everyone pays huge tax increases or people start understanding that we need to change. Money tastes pretty nasty if that's all you have.

@ninemoonplanet Жыл бұрын

I moved every financial dealing from a bank that backs fossil fuel industries to another institution that will only invest in regenerative agriculture, agro-forestry, and businesses that are environmentally conscious. They do exist.

@markschuette3770 Жыл бұрын

how can you compare valueing a painting to valueing a species of animals or plants or wetland- there is no comparison- nature is above any amount of $. you have to use TAXES to control the economy towards Sustainability. pollution HAS TO BE TAXED HIGHLY. that can begin with the next environmental president- and the U.N.

@splashesin8 Жыл бұрын

So more forest rangers then. :)

@LarryCleveland 9 ай бұрын

We are. Cancer on the planet. Cancer is the only thing that grows till it kills the host. Love her enthusiasm, though.

@JB-uv4hm Жыл бұрын

There is nothing to ‘solve.’ The planet is dying. It is terminal.

@youtuber5305 Жыл бұрын

In a capitalist society, doesn't every decision become just another 'business' decision? If once upon a time people worshipped prophets, don't they now worship profit$? And doesn't a competitive system turn everything into a race? And isn't everyone forced to jump on the bandwagon? Or treadmill?

@lorainejones41 Жыл бұрын

Business has already weighed the costs and greed is above all human life. They will have a nuclear war before they do anything about climate. The Pentagon is the biggest polluter in the world.

@jghifiversveiws8729 11 ай бұрын

Welcome to the race to the bottom

@RM-xf9gi Жыл бұрын

I have a responsibility to drive an EV only or take green public transportation. I have a responsibility to cut unhealthy gas appliances from my home and invest in green energy companies, and vote for green energy politicians. It is a copout to pretend we all don't have any responsibility to make the switch to green clean energy anyway we can!

@TG-lp9vi Жыл бұрын

Uber actually makes money for inverters. So anything that makes money or in other words anything people are willing to pay for has value. Unfortunately this concept keeps us from saving this planet. This concept I’d called Capitalism. We need to fix Capitalism first then we have to agree that the planet is priceless.

@pavelsmith2267 Жыл бұрын

Planet Rabies. As we die, the heat which causes our primary failure leads to Brain Death or secondly followed by Consecutive Organ Failure. Do we all look forward to dying a slow death from Lethargic Rabies? #Planet Rabies Do you spend enough time alone? Are you secure within your satisfaction? Wether it be past, present or future fulfillments.

@belladonnatook8851 Жыл бұрын

You'd abuse them anyway. That's the nature of a capitalist system. Exploitation is the point.

@JoeZorzin Жыл бұрын

Non capitalist systems often abuse nature far worse than America has done.

@pavelsmith2267 Жыл бұрын

Perhaps there is no such thing as further pollution. Pollution has happened and pollution is happening. I'm not exactly sure if there is any form of pollution we have not delved into. Light speed pollution? Is this new to you? Really quite not. Not exactly, new.