Can “Green” Sustain Growth?
Can “Green” Sustain Growth?
If climate policy requires coalitions that only green growth can bring together; but green growth requires policy experimentation; then where does support for experimentation come from, and how can states make progress? This book has argued for a “green spiral” approach that structures near-term policy to address immediate problems, while experimenting with solutions for long-term progress. This has a variety of consequences. International agreements on climate change may reflect national successes in green growth, rather than act as a catalyst for action. National policy may prove very vulnerable to sudden shifts, which alter the constraints on the adoption of low-emissions energy. Regardless, the sustained, permanent, and timely transformation of modern energy systems must generate economic gains to both compensate its losers and reward and incentivize its winners. Discovery of where and how we will find those gains remains a great challenge.
Keywords: energy supply, electricity deficit, economic growth, renewable energy, energy efficiency, demand side management
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