Macroeconomics of Decarbonisation

Macroeconomics of Decarbonisation

EnglishPaperback / softbackPrint on demand
Claeys, Grégory
Cambridge University Press
EAN: 9781009438391
Print on demand
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Decarbonisation is the reduction of carbon dioxide emissions using low carbon power sources, lowering output of greenhouse gasses into the atmosphere. This is essential to meet global temperature standards set by international climate agreements. To limit global warming to 1.5°C, hence avoiding the worst-case scenarios predicted by climate science, the world economy must rapidly reduce its emissions and reach climate neutrality within the next three decades. This will not be an easy journey. Shifting away from carbon-intensive production will require a historic transformation of the structure of our economies. Written by a team of academics linked to the European think tank Bruegel, The Macroeconomics of Decarbonisation provides a guide to the macroeconomic fundamentals of decarbonisation. It identifies the major economic transformations, both over the long- and short-run, and the roadblocks requiring policy intervention. It proposes a macroeconomic policy agenda for decarbonisation to achieve the climate goals of the international community.
EAN 9781009438391
ISBN 1009438395
Binding Paperback / softback
Publisher Cambridge University Press
Publication date February 8, 2024
Pages 346
Language English
Dimensions 151 x 230 x 21
Country United Kingdom
Authors Claeys, Gregory; Le Mouel, Marie; Tagliapietra Simone; Wolff Guntram B.; Zachmann, Georg
Illustrations Worked examples or Exercises