[ENG] Macroeconomics of the transition to a zero-carbon economy

Antonin Arlandis (economist)

Humanity is at a historic turning point: it can self-destruct if it fails to resolve the climate and environmental crisis, or it can pull through if it manages to achieve major economic, social and democratic progress in the next few years.

This new note relies on a review of the economic literature and on data analyses to draw up the main lines of a macro-economic policy that would make it possible to stabilise the economy in a system that respects planetary boundaries. This note aims to describe and resolve certain conflicts that exist between economic development and environmental degradation.

The first part of the paper explains the different visions for solving the climate crisis that exist in economic literature. The second part shows that two levers can be used to bring the economy within planetary limits and make it carbon neutral: reducing energy demand and boosting green investment. The third part discusses the distinct phases of the ecological transition.

You can read and/ or download it below

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