Former Treasury Secretary Hank Paulson recently made a bold comparison between the financial risks that led to the 2008 economic collapse and emerging climate risks: "We’re staring down a climate bubble that poses enormous risks to both our environment and economy. The warning signs are clear and growing more urgent as the risks go unchecked."

New data suggests that Paulson is correct. In this week's podcast, we'll discuss a landmark report, called "Risky Business," that assesses the vast economic risks of climate change. Kate Gordon of the Center for the Next Generation joins us to talk about why Republican capitalists like Paulson are sounding the alarm on climate change.

In the second half of the program, we'll talk about a new proposal for utility ownership of solar inverters. We'll also dissect a new GTM Research report on microgrid development in the U.S.

This podcast is sponsored by eGauge Systems, a manufacturer of next-generation energy meters for solar generation and building demand, submetering, performance contracts, LEED projects and net zero buildings.

Subscribe to the Energy Gang RSS feed for automatic updates on your computer and mobile device. You can also find our podcast on iTunes, SoundCloud and Stitcher Radio.

The Energy Gang is produced by Greentechmedia.com. The show features weekly discussion between energy futurist Jigar Shah, energy policy expert Katherine Hamilton and Greentech Media Editor Stephen Lacey.