About the Program
More than 30 years ago, economist Julian Simon made a bet with biologist Paul Ehrlich on the future prices of five metals, asserting that technological change and a booming market would keep the country prosperous. But Ehrlich predicted that rising populations would lead to overconsumption, taxed resources and famine. Paul Sabin analyzes this bet and argues that the opposing perspectives of the bettors - faith in free markets versus fear of environmental exploitation - are at the heart of the battle over climate change that continues today. He discusses the history of these opposing sides and the current status of the debate with Associated Press Energy & Environment Reporter Dina Cappiello.