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The Paris Agreement’s key objective is the strengthening of the global response to climate change by transitioning the world to an increasingly green economy. In this book, environmental tax and climate law experts examine carbon taxes energy subsidies, and support schemes for carbon and energy policies. Chapters reflect on the underlying policy dynamics and the constraints of various fiscal measures, and consider the harmonisation of smart instrument mixes.
This report describes the development of the green bond market as an innovative instrument for green finance, and provides a review of policy actions and options to promote further market development and growth. Since 2007-08, so-called “green bonds” have emerged and the market has risen from ...
Handbook of Green Economics reveals the breadth and depth of advanced research on sustainability and growth, also identifying opportunities for future developments. Through its multidimensional examination, it demonstrates how overarching concepts, such as green growth, low carbon economy, circular economy and others work together. Some chapters reflect on different discourses on the green economy, including pro-growth perspectives and transformative approaches that entail de-growth. Others argue that green policies can spark economic innovation, particularly in developing and emerging market economies. Part literature summary, part analysis and part argument, this book shows how the right conditions can stimulate economic growth while achieving environmental sustainability. This book will be a valuable resource for graduate students and academic researchers whose focus is on the green economy. With an increasing interest in the topic among researchers and policymakers, users will find different theoretical perspectives and explore policy implications in this growing subject area.
With insight, clarity, warmth, and enthusiasm Hazel Henderson announces the mature presence of the green economy. Mainstream media and big business interests have sidelined its emergence and evolution to preserve the status quo. Throughout Ethical Markets Henderson weaves statistics and analysis with profiles of entrepreneurs, environmentalists, scientists, and professionals. Based on interviews conducted on her longstanding public television series, these profiles celebrate those who have led the highly successful growth of green businesses around the world. Ethical Markets is the ultimate sourcebook on today's thriving green economy.
Parallel economies and their currencies Parallel economies (with their currencies) have flourished in the past and still exist today. Their underlying principles and advantages have often been overlooked by economists, despite their potential to foster pivotal changes. This last statement makes it meaningful to draw insights from historical and actual instances of such economies. to reduce inequalities... and contain global warming In continuation, could an innovative parallel economy fit into the modern society? As the middle class is complaining about inequalities and rejects the costly fight against global warming, could a parallel economy help the underprivileged, alleviate the cost of decarbonization, and win over a sufficient majority? Could the last chapter with its Green-Market System work? To be successful, such a System must create jobs with good wages... and convincingly cut down CO2 emissions. Would this System be too good to be true?
As the greatest coal-producing and consuming nation in the world, China would seem an unlikely haven for wind power. Yet the country now boasts a world-class industry that promises to make low-carbon technology more affordable and available to all. Conducting an empirical study of China's remarkable transition and the possibility of replicating their model elsewhere, Joanna I. Lewis adds greater depth to a theoretical understanding of China's technological innovation systems and its current and future role in a globalized economy. Lewis focuses on China's specific methods of international technology transfer, its forms of international cooperation and competition, and its implementation of effective policies promoting the development of a home-grown industry. Just a decade ago, China maintained only a handful of operating wind turbines—all imported from Europe and the United States. Today, the country is the largest wind power market in the world, with turbines made almost exclusively in its own factories. Following this shift reveals how China's political leaders have responded to domestic energy challenges and how they may confront encroaching climate change. The nation's escalation of its wind power use also demonstrates China's ability to leapfrog to cleaner energy technologies—an option equally viable for other developing countries hoping to bypass gradual industrialization and the "technological lock-in" of hydrocarbon-intensive energy infrastructure. Though setbacks are possible, China could one day come to dominate global wind turbine sales, becoming a hub of technological innovation and a major instigator of low-carbon economic change.
Climate change and inequalities The intertwined challenge of climate change and social inequality is hitting a brick wall on the reality that resolute governmental intervention could destabilize the economy and inevitably radicalize elections in favor of authoritarian leaders. The stalemate is increasingly fracturing public opinion about regulation priorities in regards to taxation, subsidies, energy standards, carbon-taxing, minimum wages or protectionism. None has yet yielded results sufficient to prevent discontent or polarization of politics. Thinking outside of the box of tax-and-regulate It prompts one question: could it be time to consider an unconventional strategy lying in the underexplored realm of the underground economy and its alternative currencies? As it stands, jobs and tax-free transactions already happen outside the regular system. Could it inspire a way for creating green jobs with good wages and untaxing clean energy?
The transition to net-zero emissions by 2050 will have profound impacts on the labour market and the jobs of millions of workers. Aggregate effects on employment are estimated to be limited. But many jobs will be lost in the shrinking high-emission industries, while many others will be created in the expanding low-emission activities. This edition of the OECD Employment Outlook examines the characteristics of the jobs that are likely to thrive because of the transition (“green-driven jobs”), including their attractiveness in terms of job quality, and compares them to jobs in high-emission industries that tend to shrink. The cost of job displacement in these latter industries is assessed along with the trajectories of workers out of them towards new opportunities, and the labour market policies that can facilitate job reallocation. Particular attention is devoted to upskilling and reskilling strategies to facilitate workers’ transition into fast-growing, green-driven occupations. The distributive impacts of climate-change mitigation policies are also examined, with a focus on carbon pricing and options to redistribute its tax revenue to those most impacted. As usual, the first chapter of the Outlook assesses recent labour market developments (including wage trends), but also provides an update of the OECD Job Quality indicators.
This volume analyzes sustainability-related innovations in the building sector and discusses how regional contexts articulate transition trajectories toward green building. It presents ‘biographies’ of drivers and processes of green building innovation in four case studies: Brisbane (AUS), Freiburg (GER), Luxembourg (LU), and Vancouver (CA). Two of them are relatively well known for their initiatives to mitigate climate change – particularly in the building sector, whereas the other two have only recently become more active in promoting green building. The volume places emphasis on development paths, learning processes, and innovations. The focus of the case studies is not restricted to purely technological aspects but also integrates regulatory, procedural, institutional, and other processes and routines and their influence on the variations of the building sector. The diversity of the selected case studies offers the reader the opportunity to gain a thorough understanding of how sustainability developments have unfolded in different city regions. Case study-specific catalogues of transition paths provide insights to inform policy debates and planning processes. The catalogues identify crucial innovations (technological, regulatory, etc.) and explain the factors and circumstances that have led to their success and broader acceptance in Freiburg, Vancouver, Luxembourg, and Brisbane. With the help of a number of micro case studies within each of the four city regions, the case studies also offer ground for comparison and identification of differences. The book represents the outcome of the GreenRegio project, which stands for ‘Green building in regional strategies for sustainability: multi-actor governance and innovative building technologies in Europe, Australia, and Canada.’ GreenRegio was a 3-year CORE-INTER research project funded by the National Research Fund Luxembourg (FNR) and the German Research Foundation (DFG).