The world must spend tens of trillions of dollars in the next ten to 15 years to avoid the catastrophic effects of global warming, according to climate change expert, Michael Molitor. A senior adviser on carbon management to PricewaterhouseCoopers and adjunct professor at UNSW's Climate Change Research Centre, Molitor will give a public talk at UNSW on 23 April, 2008.
He will address four burning issues facing the world on climate change.
What is the scale of the problem and when should we act?
What will it cost to avoid the catastrophic effects of global warming?
Who's going to pay to reduce carbon emissions?
What should we spend the money on?
Dr Molitor says climate change has moved rapidly from being a scientific issue to a policy challenge to a significant business opportunity. "General Electric, one of the world's leading industrial companies, sees low-carbon technologies as one the greatest business opportunities in history," he says.
When: Wednesday 23rd April
Where: Science Theatre, UNSW
Time: 6.45pm for 7pm start
Media contacts: Michael Molitor, 0416 398 604 or Dan Gaffney, 0411 156 015
About Mike Molitor -- Michael Molitor is the founder of CarbonShift Ltd, an Australian company that helps companies develop, implement and communicate strategies to respond to the challenge of a climate system modified by human activity. CarbonShift is partnered with PricewaterhouseCoopers to deliver corporate carbon management strategies that both protect and enhance shareholder value.
He was responsible for launching Climate Wedge Ltd and the Cheyne Climate Wedge Fund, the world's first voluntary carbon fund. Prior to his entrepreneurial activities he served as Senior Advisor on Climate Change at McKinsey & Company and between 2000-2003 was the global leader of Climate Change Services at PricewaterhouseCoopers based in London. In these roles his primary activities were in assessing the risk and opportunities presented by climate change to corporate performance, with particular emphasis on the cost of carbon emissions abatement.
He earned his PhD from Cambridge University, England and was a Ford Foundation post-doctoral fellow at Harvard University. He has held academic appointments at Stanford University, University of California, Berkeley, and Columbia University. He served as Science Advisor on the film, The Day After Tomorrow and has appeared on numerous television and radio programs in the US, UK, Germany, Canada, and Australia. Dr Molitor, a citizen of France and the United States, resides in Sydney.