How can enlightened self-interest advance social equity & climate action? - Highlights - DR. SHIV SOMESHWAR
"I'm kind of concerned when people put the promise on silver bullets of regenerative agriculture or growing a trillion trees or sucking carbon through CCS technologies. Because what happens then is people take comfort that there is a practice or a technology around the corner. Hydrogen is another one. Fusion energy is yet another. And I think we need to be going kind of full throttle on all of those, but at the same time, that doesn't mean that we give up on mitigation or we give up on climate risk management, which I think is technically the correct term to say, rather than adaptation. How do you manage the risk of a changing climate? How do you then emit less and basically get fossil fuel out of your system? And that again is long-term. It's not for the next five to ten years. So, when you have these kinds of promises, invariably the market signal is aha. So now, we don't really need to do much on mitigation because something is there around the corner, whether it's regenerative agriculture, which holds enormous promise, or through reforestation, green hydrogen. We're not anywhere close to scaling up, and some of them really have deep technological challenges."
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