Calling all members of the Yale Club of Washington, DC! Please join us for the Yale Club of Washington, DC's 2023 Annual Dinner at the private Cosmos Club in Embassy Row.  Our distinguished speaker will be Yale Professor Robert Mendehlson, Edwin Weyerhaeuser Davis Professor, Yale School of the Environment.

The evening begins with the annual meeting of members, which will include a presentation on the state of the Club followed by an open conversation on "The Economics of Climate Change" with Professor Mendelsohn. The Yale Club of Washington, DC's Annual Dinner serves as a forum for Yale Club Members and other Alumni to review the Club's activities for the past year and to plan for the coming year.  We invite all Yale Club Members and Alumni in the area to join for this annual event. All are welcome!

About the Speaker

Economists argue that the “global solution” to climate change is to minimize the sum of the mitigation costs plus the remaining climate damage. The solution implies we need global cooperation to reduce emissions, fund all the least cost ways to reduce emissions, and gradually do more and more mitigation over time as harm rises. The solution also suggests we need to adapt to climate change because even aggressive mitigation efforts will lead to continued warming. Finally, there is a question of compensation because many very poor people living in the low latitudes will suffer most of the damage from climate change even though they have not contributed much to emissions. The good news is that, with adaptation, the world will survive a warming of 3-4℃ and that, with cooperation, such targets are not that expensive to reach.

Professor Mendelsohn's career has focused on quantifying the value society places on the environment, studying such issues as the value of air pollution emissions, hazardous waste sites, and forests. For the last 30 years, Professor Mendelsohn has focused on measuring the potential damage of global warming and how society can adapt. Most recently, he has been focusing on coastal damage and how to adapt to storms and sea level rise.

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