The Breakthrough Institute‘s Zeke Hausfather writes about the relationship between economic growth and emissions reductions.
- The Breakthrough Institute’s analysis shows that in countries with high GDP growth, emissions are declining. In other words, free economies are clean economies.
- In the United States, we have seen impressive emissions reductions while our GDP has continued to grow.
- As we look to reduce global CO2 emissions the answer is more free markets and growth, not less.
“[T]here is increasing evidence that the world is on track to absolutely decouple CO2 emissions and economic growth — with global CO2 emissions potentially having peaked in 2019 and unlikely to increase substantially in the coming decade.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.