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Economic Growth and Environmental Sustainability Are Compatible

Benjamin Khoshbin writes in Townhall that economic growth and environmental sustainability are compatible.

The C3 Take
  • A degrowth agenda, which is pursued by many environmental activists, prioritizes limiting prosperity and economic growth in order to lower emissions.
  • Degrowth environmentalism hurts the poor, makes energy more expensive, and provides negligible climate benefits.
  • Economic freedom on the other hand has helped raise billions of people out of poverty, increased global living standards, and has created innovations that have accelerated environmental progress.
  • To make meaningful climate progress, policymakers should pursue solutions that are rooted in economic freedom.

“There is more than enough clean energy to power the world — let’s stop pretending that we have to regress as a species to save the environment. Pursuing a policy of clean energy abundance by incentivizing free market investment can enable us to continue decreasing emissions and lifting billions out of poverty.”

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.

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