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13 - Investing With Our Eyes Open

from Part II - Economics

Published online by Cambridge University Press:  24 October 2024

Simon Sharpe
Affiliation:
S-Curve Economics
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Summary

The greatest progress so far in decarbonising the global economy has been made by governments that ignored the advice of economists. Investing in new technologies turns out to be a more effective way of changing things than taxing the incumbents. We need to stop being surprised by this and start replicating those successes.

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Five Times Faster
Rethinking the Science, Economics, and Diplomacy of Climate Change – Updated Edition
, pp. 151 - 167
Publisher: Cambridge University Press
Print publication year: 2024

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