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.