Climate Change Mitigation: Abatement and Cost-Benefit Analysis

This lecture covers the concept of climate change mitigation, focusing on abatement strategies to reduce greenhouse gas emissions and the cost-benefit analysis involved. It discusses the trade-offs between economic activities and environmental impacts, emphasizing the importance of optimal abatement to minimize damages. The instructor explains the challenges of implementing mitigation efforts, considering the costs involved and the need to balance current comforts with future generations' well-being. Various strategies such as carbon capture and storage, negative emissions, and solar radiation modification are explored in the context of mitigating climate-related risks.