Greening the Global Economy (2015)
What a relief to read a well-grounded book arguing that we can still do something about climate change! According to the author this is completely feasible from a technological and economic standpoint. It’s just the politics that gets in the way. (Bet you didn’t see that one coming.)
Robert Pollin is a distinguished economist at the University of Massachusetts. His book, “Greening the Global Economy,” is published by MIT Press. So when he says that doing what it takes to stop climate change will not suppress economic growth but actually increase employment, I feel hope. That should be a political winner, right?
About 80% of global greenhouse gas emissions are due to burning coal, oil, and natural gas for energy production. Pollin starts with the assessment that global emissions will need to fall 40% from present levels within 20 years, and 80% by mid-century.
He says this can be achieved without reducing living standards for most people in the developed nations (some rich people should give up living in their McMansions to help out) or foregoing improvement of living standards in the developing nations.
How? He first considers and rejects some prominent proposals: Continue Reading →