While humankind has to fight climate change, the economic and technical constraints are severe. Local demand cuts may be countered by other countries’ increases due to price reactions. Resource owners may try to react with preemptive extraction. Bio energy may rival with food. Wind and solar energy may be too volatile. The lecture gave an overview of some of challenges and tries to point to potential solutions.
The lecture was hosted by Grantham Research Institute on Climate Change and the Environment and introduced by Robert Falkner, Research Director at Grantham Research Institute.
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Wath video on Youtube.