Understanding different perspectives on economic growth and climate policy

Michael Jakob, William F. Lamb, Jan Steckel, Christian Flachsland and Ottmar Edenhofer

Wiley Interdisciplinary Reviews: Climate Change, 2020, vol. 11, issue 6

Abstract: Should economic growth continue in a world threatened by the prospect of catastrophic climate change? The scientific and public debate has brought forth a broad spectrum of views and narratives on this question, ranging from neoclassical economics to degrowth. We argue that different positions can be attributed to underlying differences in views on (a) factors that determine human well‐being, (b) the feasibility and desirability of economic growth, (c) appropriate intervention points, and (d) preferences about governance and policy options. For each of these dimensions, we propose points of agreement on which a consensus between conflicting positions might be achieved. From this basis, we distill a sustainability transition perspective that could act as a basis for a renewed debate on how to align human well‐being with environmental sustainability. This article is categorized under: Climate Economics>Economics and Climate Change

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://doi.org/10.1002/wcc.677

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:wirecc:v:11:y:2020:i:6:n:e677

Access Statistics for this article

More articles in Wiley Interdisciplinary Reviews: Climate Change from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().