Podcast
Questions and Answers
What is the proposed Coasian bargain called by Adrian, Bolton, and Kleinnijenhuis?
What is the proposed Coasian bargain called by Adrian, Bolton, and Kleinnijenhuis?
The great carbon arbitrage
What are the estimated costs of coal according to the IMF WP by Adrian, Bolton, and Kleinnijenhuis?
What are the estimated costs of coal according to the IMF WP by Adrian, Bolton, and Kleinnijenhuis?
$78 trillion (1.2% of GDP, $125 per tonne of coal)
What is the ERISA rule under the DOL governing in terms of private sector company pension plans?
What is the ERISA rule under the DOL governing in terms of private sector company pension plans?
Horizon, risk tolerance, and expected return
Why is it important to consider if ESG funds can be selected as the QDIA (Qualified Default Investment Alternative)?
Why is it important to consider if ESG funds can be selected as the QDIA (Qualified Default Investment Alternative)?
What are some forces necessary for change to occur at interpersonal, societal, and institutional levels?
What are some forces necessary for change to occur at interpersonal, societal, and institutional levels?
Give an example of an external factor that led to significant change in a societal structure.
Give an example of an external factor that led to significant change in a societal structure.
What is the practice of presenting guidance suggesting an ESG perspective when the majority of data suggests a contrary perspective?
What is the practice of presenting guidance suggesting an ESG perspective when the majority of data suggests a contrary perspective?
Define economic externality in the context of ESG investing.
Define economic externality in the context of ESG investing.
What are some examples of positive externalities mentioned in the text?
What are some examples of positive externalities mentioned in the text?
What is the common solution to negative externalities mentioned in the text?
What is the common solution to negative externalities mentioned in the text?
Who is the Coase Theorem named after?
Who is the Coase Theorem named after?
According to the Coase Theorem, what can the affected parties do to reach an efficient outcome?
According to the Coase Theorem, what can the affected parties do to reach an efficient outcome?
What does the Coase Theorem assume regarding transaction costs?
What does the Coase Theorem assume regarding transaction costs?
How does the Coase Theorem propose to address conflicts of property rights?
How does the Coase Theorem propose to address conflicts of property rights?
What is the main role of government in the context of the Coase Theorem?
What is the main role of government in the context of the Coase Theorem?
Why can the Coase Theorem be difficult to implement in certain situations?
Why can the Coase Theorem be difficult to implement in certain situations?
Define greenwashing in the context of ESG investing.
Define greenwashing in the context of ESG investing.
Explain the economic underpinnings of ESG investing.
Explain the economic underpinnings of ESG investing.
What are externalities in the context of ESG investing?
What are externalities in the context of ESG investing?
Explain the Coase Theorem in relation to ESG investing.
Explain the Coase Theorem in relation to ESG investing.
What is a Pigovian tax and how does it relate to ESG investing?
What is a Pigovian tax and how does it relate to ESG investing?
Discuss the implications of the Pigou Club in the context of ESG investing.
Discuss the implications of the Pigou Club in the context of ESG investing.
