Report
Patrick Artus

Can CO2 emissions be eliminated without degrowth?

The world is aiming to eliminate net CO 2 emissions between 2050 and 2060. Will this be possible without degrowth? This question can be asked at the disaggregated level (how many jobs will be created in renewable energies and in the energy renovation of buildings; how much new investment will be required, etc.) or at the aggregate level, which is the approach we take in this Flash: can CO 2 emissions and fossil fuel consumption be decoupled from GDP? Are there initial signs of such a decoupling? Only in Japan has there been a trend break in the recent period in the relationship between energy consumption (total or fossil) or CO 2 emissions and GDP, in the direction of lower energy consumption and lower CO 2 emissions. There has been no such trend break in the United States, the euro zone, China or globally: in these regions, a n additional reduction in CO 2 emissions will reduce GDP by as much as in the past .
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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