The authors provide a unique insight into the short and long-term economic implications of decarbonisation, applying a rigorous and thorough approach to assessing the multidimensional facets of the transition. A “must read” for policymakers and the private sector whose combined mobilisation will be essential to achieve climate neutrality by 2050.
Climate action carries risks. In contrast to the devastating consequences of climate change, however, they remain manageable. “The Macroeconomics of Decarbonization”, authored by distinguished thought leaders, unravels intricate dynamics underpinning the shift toward climate neutrality. If you are eager to explore advanced climate economics in a clear, accessible language, this guide is an essential read.
An important book on one of the defining challenges of our time. Getting the green transition right requires understanding the various macroeconomic implications of decarbonization on industries, jobs and budgets, and putting in place ambitious policies to drive it forward. This book sheds light on how it can be done.
If you ever dreamed to understand what economists think and know about climate policies without the technicalities, here is the book you absolutely need to read! It is clear, comprehensive and powerful.
Achieving net zero will have profound macroeconomic implications from distributional consequences and debt sustainability concerns necessitating fiscal adjustments to stranded assets impacting financial stability. These are just some of the topics covered in this excellent and comprehensive textbook. A must read for all who want to meaningfully participate in the public debate on green transition!
The Macroeconomics of Decarbonization is a rare, solutions-oriented look at the intersection of the clean energy transition and the systemic change that underpins it. From fostering large-scale innovation and spurring green market creation to accelerating sustainable finance, it lifts the curtain on the critical policy interventions necessary to pursue a clean, future-oriented and resilient growth model.
Covering all the macroeconomic implications of climate policy in just one book seems impossible but the authors come very close. Comprehensive and well-grounded, yet accessible to a broader audience, this book takes the reader on a journey through the various economic effects of decarbonisation. With this thorough account, the authors fill an important gap!
Some may wonder whether there’s a need another book about climate change, given the hundreds that have now been produced. The answer in this case is “yes,” because this new work by a set of talented researchers at Bruegel, the highly-regarded Brussels think tank, and others, provides a perspective which is decidedly macroeconomic, and thus complements rather than duplicates the vast majority of the existing literature. Faculty, students, policy makers, and the broader public will find useful insights about the great challenges we face.
Meeting the objectives of the Paris Agreement will involve an unprecedented mobilization of resources and a fundamental rewiring of our economies. Designing effective and fair policies to make this possible requires deep theoretical understanding, which this excellent book provides. It is an essential guide for policymakers and climate campaigners everywhere.
Climate action carries risks. In contrast to the devastating consequences of climate change, however, they remain manageable. “The Macroeconomics of Decarbonization”, authored by distinguished thought leaders, unravels intricate dynamics underpinning the shift toward climate neutrality. If you are eager to explore advanced climate economics in a clear, accessible language, this guide is an essential read.
