Urbanites are more insulated against climate shocks than farmers. Read this for some evidence. Yes, urbanites import food to eat but in a globalized economy, they can import it from thousands of possible places around the world. International trade is a climate change adaptation strategy because it diversifies risk. As I've argued many times, urbanization is a climate change adaptation strategy.
Does President Obama mention climate change on the campaign trail? It is time to start to think hard about the economics of climate change adaptation.
