Students packed the Eisenhower Auditorium last night to watch the second annual debate between environmental concerns and economic interests.
The economics department and the Economics Association hosted the event.
Paul Graf and Mark McLeod, both economics lecturers, took different stances for the purpose of the debate. Graf argued on behalf of business, while McLeod defended the environment.
Graf began by explaining the problem of unlimited wants versus the scarcity of resources. He asked the audience members if they would be willing to give up things such as cars and computers for the sake of saving energy.
"Is it worth some pollution? I believe so," Graf said.
McLeod started his argument by saying that many do not consider the public costs of their actions.
"When people decide to drive their cars, they pay the private cost, but they are not made to pay the cost of the pollution they're causing," McLeod said.
McLeod added that many of the facts some scientists use to disprove global warming are wrong.
"I'm going to review those facts and cast doubt on the studies that show we don't have anything to fear," he said.
He then presented examples to show that global warming was real, such as increased hurricane activity and shrinking glaciers.
Graf said, "I don't believe anyone is going to deny global warming. The issue is what's causing it."
He said that he doubted it was man-made and that only 30 years ago scientists were saying the world was cooling, not warming.
Graf also stressed the economic impact of higher gas prices.
He suggested drilling in Alaska to reduce foreign dependency on oil, saying it would only affect 2,000 acres out of 19 million, or 0.01 percent. In turn, more than 10 billion barrels of oil would be produced.

