On Public Seminar this week, Robert Pollin weighs in on the dilemma of green growth.
“The World Resources Council recently reported that between 2000 and 2014, 21 countries, including the U.S., Germany, the U.K., Spain and Sweden, all managed to “decouple” GDP growth from CO2 emissions — i.e. GDP in these countries expanded over this 14-year period while CO2 emissions fell.[1] This is certainly a favorable development. But the crucial question remains: how favorable is it relative to what is necessary to put the global economy on a successful path to climate stabilization?”