1 / 36

Development Talks 17 September 2012 After Rio +20: More growth!

In this talk, Thomas Sterner discusses the relationship between economic growth and environmental sustainability. He explores the limitations of market mechanisms and the need for addressing externalities, public goods, and common property. Sterner also highlights the potential of green growth and the importance of international cooperation in finding solutions to environmental problems.

bmaes
Download Presentation

Development Talks 17 September 2012 After Rio +20: More growth!

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Development Talks17 September 2012After Rio +20:More growth! Thomas Sterner Visiting Chief Economist EDF Professor EnvironmentalEcon Gothenburg

  2. Is GrowthGood ?

  3. Is GrowthGood ?

  4. Can ”GROWTH” be bad….? • Yes: for growth in simple output • No: NOT If wemeangrowth in welfare and ifwemeasure it right! • This is environmental Economics.

  5. Just go fast and you’ll get there

  6. The market is greatbut • Does not deal withexternalities • Does not deal with public goods • Does not deal with common property • Does not deal with risk and uncertainty • Does not deal withassymetric information • Does not deal with altruism, love or envy

  7. Is AnythingNew under the Sun? • World Bank and UN workshops • Sustainable Development • Max social welfare subject to distributional equity • Is “GG” just re-packaging? • IT IS More, used by (OECD, WB, UNEP, UN RIO+20, Korea) • Green growth defined politically, not economically • This give us an OPPORTUNITY

  8. Olympic Growthmedalists Levying carbon tax, promoting low-carbon education proposed

  9. GrowthThreatened

  10. OTHER ENVIRONMENTAL PROBLEMS • Biodiversity • Spread of Toxicsubstances • Manipulation of N & P cycles • OzoneDepletion, Acidification • Water, Fish stocks

  11. Wecansolvethese problems • Catch shares • Watertreatment and purification

  12. Climate is special • Longrun • Stock • Global • http://dhcp2-pc011135.fy.chalmers.se/EXEC/0/05wopec04fy3421f88wnj0rjch2c x

  13. CHALMERS CLIMATE CALCULATOR Christian Azar, Daniel Johansson (Frt) (1 region vs) EMISSIONS STOCK OF C TEMPERATURE

  14. STABILIZE EMISSIONS

  15. CUT EMISSIONS 1% FROM 2020

  16. STILL T 2.5 OR 3°

  17. SLASH EMISSIONS 2% IMMEDIATELY

  18. Canwe do this or arewedoomed?

  19. Canwe do this or arewedoomed? • Amory’s House • Amory’sHypercars • Amory’s Vision: ReinventingFire • 0 coal 0 oil, Less Gas; 0 Nuclear • No regulations – just smartness: • The ”Search for Intelligent Life on Earth”

  20. Ask Me--- • I thinkyoucan – but it will be difficult: • Q=YP-β • Emissions risewithincomeunlesspricesriseeven faster!

  21. Can u ”combinegrowth & environment”? • YES. • 5 % growth in Income and 2% DECREASE in emissions ???? • EASY: Price of gas has torise by 9% everyyear.

  22. All youhaveto do is get everyonetoagree • But, everyonedoes not agree. • Taxes not popular • Countriesdivided on goals & means • Fairness in allocationloomsbig

  23. Nigeria abolishedfuelsubsidy Jan 1

  24. Thiswaswhatfailed in COPenhagen • Pretend it does not matter • Have ”green growth” ”instead”?

  25. Green Growthwillrequireagreement • Butplentyto do: • Reseach and Education • Infrastructure • Wind and Solar and Efficiency • Agriculture and Forestry • Short LivedClimateForcers • Bottomuplinkingofcarbon trading

  26. REMEMBER • Taxesto back upthosewhoinvest in the new fire. • Feebates, road pricing, feed-in tariffs… • Utlimately grand deal and carbonpriceneeded.

More Related