Economic Policy Lecture Series 7
Climate change is not the environment’s biggest problem, according to environmental expert Dr. Indur Goklany. At an Economic Policy Lecture on September 28th, Dr. Goklany suggested that society should focus on more immediate concerns, such as hunger, poverty, illness, and coastal flooding.
Using charts, graphs, and other data, Goklany explained that the “Kyoto Protocol and other mitigation schemes cost too much, and deliver too little, too late.” The Kyoto Protocol would entail global costs upwards of $125 billion a year, and it would only reduce global temperature rise between 3-7 percent by 2100.
Furthermore, the results of mitigation are questionable. It would cost trillions of dollars, and take decades before any measurable impact on climate change. The largest potential benefit would be a reduction in the population at risk from coastal flooding of 18 percent by 2080.
Adaptation, however, would allow society to become stronger and more resilient, and results would be shown almost immediately. According to Goklany, “with adaptation, we can capture the benefits…and try to reduce the negative aspects of climate change.” Goklany said that society should solve current problems now, which would help to protect against environmental issues of the future.
Indur Goklany has worked in federal and state governments, the private sector, and various think tanks on a variety of developmental, natural resource and environmental issues. Indur Goklany has a bachelor's degree in electrical engineering from the Indian Institute of Technology, Bombay. He has master's and doctorate degrees from Michigan State University, also in electrical engineering.
Excerpted from LU Web “Latest News” by Kristin Trower