Across the world, investors are coming to terms with a fundamental and persistent problem in economics - while risk can be priced, uncertainty cannot.  The scale of this challenge is vast; and the failure of our political leaders to even apprehend the impact of their decisions not to act is only making the problem worse.

At the energy and water level, where Insight focuses, the U.S. utility industry has its rates set by Public Utility Commissions ("PUCs").  Those PUCs use models to estimate the returns required to attract investment into utilities - but those models were never built to handle volatility and uncertainty and they are failing to generate useful information, which means that energy and water investments are being discouraged at the very moment when the U.S. needs to ensure it is able to compete and to sustain its economy and its environment.

In this presentation, Insight explores the scale of the global financial crisis, the inability of the primary economic model to deal with the effects of the crisis, and what it means for our country's ability to build and maintain the infrastructure we need to compete in the 21st Century.

Regarding Risk