TRANSCRIPT Environmental Insights Guest: Record Date: Posting Date: - Kim Clausing:

And so I went to the Wellesley College archives down in the basement of one of the buildings, and I learned a tremendous amount about the history of the college, which was fascinating. [...] I want to ask you a broader question, and that is, do you see climate policy and trade policy as largely complimentary or largely antagonistic, or a mix of the two? And if it's a mix of the two, how are they a mix of the two? Kim Clausing: I think we're in a moment where we don't really have the answer to that question yet. [...] And I think actually, some of the most hopeful progress that I can think of is using the carrot of trade and trade liberalization and market access to really encourage countries throughout the world to do more emissions reduction. [...] And so that basically incentivizes producers and governments in places like China and India and throughout the world to think about the carbon content of their production and goods like steel and aluminum because they know that if they want to send it to Europe, it's going to face that carbon border adjustment. [...] I should stay home from the ballot box.” I don't think enough young people vote, and I don't think enough of them take the sort of pragmatic choices in front of them and really sort of think about the true consequences of an action.