03/18/2026
Reserve the date! Filley-Garey Lecture with, Dr. Madhu Khanna,
University of Illinois, Urbana-Champaign
Date: April 10, 2026
Location: Hardin Hall – Auditorium #107
Time: 3:00 pm – 4:30 pm
Dr. Madhu Khanna is the ACES Distinguished Professor of Environmental Economics in the Department of Agricultural and Consumer Economics and Alvin H. Baum Family Chair and Director of the Institute for Sustainability, Energy, and Environment, at the University of Illinois at Urbana-Champaign. She received her Ph.D. from the University of California at Berkeley. Her research is at the intersection of agricultural, energy and environmental economics and has led to more than 180 peer-reviewed publications that are widely cited. She has served on the USEPA Science Advisory Board for 10 years and on the Board of Directors of the Agricultural and Applied Economics Association (AAEA) and the Association of Environmental and Resource Economists and as President of AAEA. She is currently on the Board of the International Association of Agricultural Economics and the International Consortium of Applied Bioeconomy Research. She is a University of Illinois Scholar, a Stanford Woods Institute of Environment Leopold Leadership Fellow, and fellow of AAEA and European Association of Environmental and Resource Economists (EAERE).
Abstract:
Circular Bioeconomy Systems: A Paradigm for Sustainability or a Conundrum
Transforming the economic system from a “take-make-waste”¬, or linear production system, to a circular bioeconomy that reduces, recycles, recovers, reuses, and regenerates wastes and transitions from fossil to biobased fuels and products is being hailed as critical for meeting a growing population's food and fuel needs in environmentally sustainable ways. While a transformation towards a circular bioeconomy is an imperative and an appealing strategy to achieve multiple environmental goals, this strategy needs to go beyond a techno-centric focus and adopt an economic value-based lens to balance the desire for circularity with its costs, benefits, and muti-dimensional environmental and distributional effects on society. This talk will provide a perspective on the mechanisms that sustain the existing linear economy, pathways to achieve a sustainable circular bioeconomy and policy choices in a market economy consisting of decentralized decision-makers.