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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Decoupling GHGs from GDP: Year 2

IEA 2015

The International Energy Agency (IEA) released new data today showing that global GHG missions related to energy held steady again for the second year in a row while the global economy grew. Renewable energy was key to stabilizing emissions levels, with more than 90% of new energy generation coming from renewables – the highest level in more than 40 years….
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