TIM HARFORD: Shutting down growth not the only solution to tackling climate change
Certain environmentalists have long argued that economic growth must end for the sake of the planet. “Degrowth” is concisely defined by one proponent, Riccardo Mastini, as “the abolition of economic growth as a social objective”.
Degrowth represents the view that sufficiently sharp reductions in carbon dioxide emissions cannot be achieved through new technology, pricing incentives or even major investment in energy and transport systems. The only thing that will work is economic growth itself coming to an end, permanently.