The dilemmas of decarbonisation in an era of economic stagnation

Speaker: Jack Copley from the School of Government and International Affairs (SGIA) at Durham University joins us to share his expertise.

Meeting the Paris climate goals requires the global economy’s urgent decarbonization. States and intergovernmental bodies insist that this should be pursued via a tremendous spike in private investment in renewable power – encouraged and coordinated by states. However, this renewable investment boom will have to swim against the current of the stagnation of the world economy since the 1970s, characterized by weak rates of investment and growth. Undertaking decarbonization in this context presents unique political economy dilemmas.

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