Economists debate the feasibility of economic growth without proportional increases in greenhouse emissions, presenting a challenging scenario for climate targets. In short:A group of heterodox economists challenges the prevalent notion of decoupling economic growth from carbon emissions, which has been central to many climate policies. The debate centers on whether it's possible to achieve 'absolute' decoupling, necessary for international climate targets, which requires GDP growth to occur with declining emissions. This discussion may prompt a shift away from economic growth as a metric for societal progress, advocating for a reorientation toward human well-being and ecological sustainability. Understanding whether decoupling is realistic informs the urgency and methods with which policymakers and societies must address climate change to ensure a sustainable and healthy future.

Source: New York Times March 06, 2024 13:17 UTC