MITIGATION vs. ADAPTATION: Climate Economics with Prof. Robert Mendelsohn

What’s the real cost of climate inaction—and how much adaptation can buy us time?

In this episode of Let’s Climunicate, Dr. Alberto Troccoli sits down with Professor Robert Mendelsohn of Yale University, a globally recognised expert in environmental economics. They delve deep into the challenges of reaching net-zero by 2050, the realities of climate risk, and the economic trade-offs between climate mitigation and adaptation.

From tipping points and temperature trajectories to carbon pricing and practical adaptation strategies, this episode explores whether a slower, more globally inclusive approach can lead to more durable climate solutions.

💡 Mendelsohn shares compelling insights on:

• Why net zero by 2050 may be unrealistic – but progress must start now

• The economics behind global cooperation and carbon taxes

• The true costs of extreme weather, sea-level rise, and agricultural shifts

• How adaptation isn’t defeatist – it’s strategic

• A vision for reaching net zero by 2100 with pragmatism and impact

🎧 Don’t miss this rich discussion that challenges conventional thinking and balances scientific urgency with economic realism.

00:00 Introduction

00:25 Meet Prof. Robert Mendelsohn

04:29 Quick Fire Questions on Climate Change

08:48 The Feasibility of Net Zero by 2050

19:47 The Rise of Renewables and Hidden Costs

28:31 Global Cooperation and Practical Steps

36:16 Balancing Mitigation and Realistic Goals

41:09 Adaptation Economics and Long-Term Planning

59:26 Final Thoughts on Balanced Climate Strategy

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📅 Episode recorded on 28 May 2025#ClimateEconomics

#ClimateChange #Adaptation #NetZero #CarbonPricing #EnvironmentalEconomics #ClimateRisk #YaleUniversity #LetsClimunicate