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Balancing Climate Change Mitigation to Address Both Environmental Safety and Economic Growth and Development

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Climate change mitigation is all about ensuring that adverse impacts of climate change are minimized and that our earth is made environmentally safe and sustainable from generation to generation. But mitigation is a collective action that must be implemented collectively. Mitigation targets specifically emission reduction and rolling back the use of three major fossil fuels: coal, oil and natural gas. Fossil fuels power the global economy since the time of Industrial Revolution of the 18th century. This paper reviewed the climate change treaties, conventions and agreements, and all these instruments target energy based mitigation measures that will reduce emissions of greenhouse gases by transiting from fossil fuels to renewable energy and energy efficient economy. But this paper agrees that mitigation if well implemented will ensure that the planet earth is environmentally safe and secure but this feat comes with some economic costs in terms of loss of jobs, revenues, and influence for multinational oil companies and oil producing and exporting countries whose life wire is interwoven with fossil fuels. Some countries including United States are not implementing any emission cuts because of perceived negative economic impacts. But the good news is that emission can be minimized without necessarily weaning the global economy of fossil fuels. There are technologies such as carbon capture and storage that can suck carbon dioxide in industries and power plants storing it safely underground where it will not reach the atmosphere to warm the earth. There is also non-energy mitigation strategy which targets forests and land use. Forests and good agronomic practices act as sinks for storing carbon. Trees absorb carbon in their leaves and tissues and agronomically, soils store carbon underground. This paper concludes that the best mitigation measures are those that will ensure environmental safety for our earth without tampering with the economic prosperity inclusive growth and development of all the nations of the world.



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