Continuing to Decouple

Photograph by Volker Hartmann - Getty Images

For the third year in a row, the International Energy Agency (IEA) reported that carbon dioxide (CO2) emissions from the energy sector remained level while the global economy grew. This continues to buck the economic thinking that economic growth, typically measured with gross domestic product (GDP), cannot be decoupled from environmental degradation. The current trend of…
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Breaking up is decreasingly hard to do

Decoupling_sparkline_graphic_v2

A common concern of developed and developing countries has been that breaking up the 19th and 20th century association of economic development and fossil fuels will lead to GDP decline.  Referred to as “decoupling,” economists have warned that economic growth would decline as climate change policy made carbon more expensive. But last year the International Energy Agency (IEA) reported…
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