Greening the Global Economy

Category: Book
By (author): Pollin, Robert
Series: Boston Review Books
Subject:  BUSINESS & ECONOMICS / Environmental Economics
  SCIENCE / Global Warming & Climate Change
  SCIENCE / Life Sciences / Ecology
  TECHNOLOGY & ENGINEERING / Power Resources / Alternative & Renewable
Audience: professional and scholarly
Publisher: Mit Press
Published: November 2015
Format: Book-hardcover
Pages: 176
Size: 8.10in x 5.60in x 1.00in
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Additional Notes

From The Publisher*<P>In order to control climate change, the International Panel on Climate Change (IPCC) estimates that greenhouse gas emissions will need to fall by about forty percent by 2030. </P><P>Achieving the target goals will be highly challenging. Yet in <I>Greening the Global Economy</I>, economist Robert Pollin shows that they are attainable through steady, large-scale investments -- totaling about 1.5 percent of global GDP on an annual basis -- in both energy efficiency and clean renewable energy sources. Not only that: Pollin argues that with the right investments, these efforts will expand employment and drive economic growth.</P><P>Drawing on years of research, Pollin explores all aspects of the problem: how much energy will be needed in a range of industrialized and developing economies; what efficiency targets should be; and what kinds of industrial policy will maximize investment and support private and public partnerships in green growth so that a clean energy transformation can unfold without broad subsidies. </P><P>All too frequently, inaction on climate change is blamed on its potential harm to the economy. Pollin shows greening the economy is not only possible but necessary: global economic growth depends on it. </P>