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Economics of Climate Change: Mark Z. Jacobson

Schwartz Center for Economic Policy Analysis (SCEPA)

Thursday, November 15, 2012 at 6:00 PM (EST)

Economics of Climate Change: Mark Z. Jacobson

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Addressing Global Warming, Air Pollution, and Energy Security with Wind, Water, and Sunlight: Worldwide, in the U.S., and in New York State

Mark Z. Jacobson, Professor of Civil and Environmental Engineering and Director of the Atmosphere/Energy Program at Stanford University, will present the inaugural lecture of SCEPA's new Economics of Climate Change Speaker Series.

6:00pm, November 15, 2012
The New School, Wollman Hall
65 West 11th Street, 5th floor 

Global warming, air pollution, and energy insecurity are three of the most significant problems facing the world today. This talk discusses these problems and a plan to solve them by powering 100% of the world, the U.S., and New York State for all purposes, including electricity, transportation, industry, and heating/cooling, with wind, water, and sunlight (WWS), within 20-40 years.

The plan considers the renewable energy resources available and needed, land and ocean areas required, the number of devices and plants needed, the materials required, reliability, health and climate benefits, costs, changes in the number of jobs, revenue streams, tax consequences, and policies needed for such a conversion.

Due primarily to the efficiency of electricity versus combustion, such a conversion will reduce New York State end-use power demand by ~37%. Because the fuel cost of WWS resources is effectively zero, the conversion will stabilize energy prices indefinitely compared with certain rising fuel costs as fossil fuel supplies diminish. Because nearly all New York State energy will be produced in state, the plan will create net jobs for the state. It will also reduce ~4000 air pollution deaths per year, saving the state 3% of its annual GDP. For more information, please refer to Jacobson's relevant papers

Jacobson's research looks at the causes and effects of vastly complex processes -- the physics and chemistry of our atmosphere. He and his team at Stanford have pioneered new atmospheric research and analysis techniques that give a picture of the current state of our atmosphere, show what pollution from aerosols, ethanol, agriculture, and ultraviolet radiation are doing to it, and predict how these might affect the climate.

Watch Jacobson in a 2010 TED debate, Does the World Need Nuclear Energy?

Mark Z. Jacobson is Director of the Atmosphere/Energy Program and Professor of Civil and Environmental Engineering at Stanford University. He is also a Senior Fellow of the Woods Institute for the Environment and Senior Fellow of the Precourt Institute for Energy. He received a B.S. in Civil Engineering with distinction, an A.B. in Economics with distinction, and an M.S. in Environmental Engineering from Stanford University, in 1988. He received an M.S. in Atmospheric Sciences in 1991 and a PhD in Atmospheric Sciences in 1994 from UCLA. He has been on the faculty at Stanford since 1994. His work relates to the development and application of numerical models to understand better the effects of energy systems and vehicles on climate and air pollution and the analysis of renewable energy resources. He has published two textbooks of two editions each and ~130 peer-reviewed scientific journal articles. He received the 2005 American Meteorological Society Henry G. Houghton Award for "significant contributions to modeling aerosol chemistry and to understanding the role of soot and other carbon particles on climate." He co-authored a 2009 cover article in Scientific American with Dr. Mark DeLucchi of U.C. Davis on how to power the world with renewable energy. He has also served on the Energy Efficiency and Renewables Advisory Committee to the U.S. Secretary of Energy.

This event is generously supported by the Fritz Thyssen Foundation, the Consulate General of Germany in New York, and the Macroeconomic Policy Institute (IMK). 

SCEPA's Economics of Climate Change Project
Led by SCEPA Faculty Fellow Willi Semmler, SCEPA is investigating the economics of climate change. Initiated in 2010 with a comprehensive international conference, SCEPA is questioning how to enact effective climate change policy in light of fragile domestic and global economies and the possibilities and practicalities of renewable energy. The project hosted a second conference at The New School on September 23 and 24th, 2011, which addressed how to transition from high carbon-intensive technologies to low carbon-intensive technologies. For more information, visit the Economics of Climate Change Blog.

SCEPA's Economics of Climate Change Speaker Series, generously supported by the Fritz Thyssen Foundation, will host two distinguished leaders each year. Speakers in the series will address how the transition towards low-carbon intensive technology and "green energy" can effectively help reduce the emission of green house gases, create energy independence, produce sufficient energy supply, and contribute to economic stability and employment. This includes discussion of how market economies can be brought to a path consistent with prosperity and sustainabilty, which economic environments are most favorable for inducing entrepreneurs to invest in and adopt green technology and green energy, and how the public sector can encourage a green transition.

Have questions about Economics of Climate Change: Mark Z. Jacobson? Contact Schwartz Center for Economic Policy Analysis (SCEPA)

When & Where

Wollman Hall, The New School
Wollman Hall, Eugene Lang Building, 65 West 11th Street (enter at 66 West 12th Street)
5th Floor
New York, NY 10003

Thursday, November 15, 2012 at 6:00 PM (EST)

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Schwartz Center for Economic Policy Analysis (SCEPA)

The Schwartz Center for Economic Policy Analysis (SCEPA) works to bring reality into conventional economics. An economic policy think tank within The New School's Department of Economics, we provide scholars, non-profits, and government officials with research on key policy issues. 

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