Post-growth

Existing climate mitigation scenarios assume future rates of economic growth that are significantly higher than what has been experienced in the recent past. In this article we explore how assuming lower rates of growth, in line with the hypothesis of secular stagnation, changes the range of mitigat...

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Authors: Slameršak, Aljoša|||0000-0001-5643-0331; Kallis, Giorgos|||0000-0003-0688-9552; O'neill, Daniel W.; Hickel, Jason|||0000-0002-7490-9757
Format: Article
Publication date:2024
Country:España
Institution:Universitat Autònoma de Barcelona
Repository:Dipòsit Digital de Documents de la UAB
Language:English
OAI Identifier:oai:ddd.uab.cat:286525
Online Access:https://ddd.uab.cat/record/286525
https://dx.doi.org/urn:doi:10.1016/j.oneear.2023.11.004
Access Level:Open access
Keyword:Post-growth
Low growth
Degrowth
Climate change
Mitigation scenarios
Post-pandemic scenarios
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author Slameršak, Aljoša|||0000-0001-5643-0331
author2 Kallis, Giorgos|||0000-0003-0688-9552
O'neill, Daniel W.
Hickel, Jason|||0000-0002-7490-9757
author2_role author
author
author
author_browse Hickel, Jason|||0000-0002-7490-9757
Kallis, Giorgos|||0000-0003-0688-9552
O'neill, Daniel W.
Slameršak, Aljoša|||0000-0001-5643-0331
author_facet Slameršak, Aljoša|||0000-0001-5643-0331
Kallis, Giorgos|||0000-0003-0688-9552
O'neill, Daniel W.
Hickel, Jason|||0000-0002-7490-9757
author_role author
collection Dipòsit Digital de Documents de la UAB
description Existing climate mitigation scenarios assume future rates of economic growth that are significantly higher than what has been experienced in the recent past. In this article we explore how assuming lower rates of growth, in line with the hypothesis of secular stagnation, changes the range of mitigation possibilities. We compare scenarios with moderate and strong policy ambition under both high-growth and low-growth assumptions. The results show that low growth makes it more feasible to decrease emissions in a way that is consistent with 1.5°C-2°C of warming. Moreover, low growth reduces the need to rely on unprecedented buildout of low-carbon energy infrastructure, and the unprecedented rates of energy-GDP decoupling that characterize existing scenarios. By contrast, pursuing higher growth rates, such as those represented in IMF projections, jeapordizes the Paris Agreement. The challenge is that lower growth is commonly associated with recession, which raises concerns about equity between and within countries, social stability, and the ability to finance a low-carbon energy transition. Recent literature on achieving a ''post-growth'' transition points to novel policies that could address these problems, which should be explored and evaluated in future mitigation scenarios.
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instname_str Universitat Autònoma de Barcelona
language eng
network_acronym_str ES
network_name_str España
oai_identifier_str oai:ddd.uab.cat:286525
publishDate 2024
publishDateSort 2024
reponame_str Dipòsit Digital de Documents de la UAB
spelling Post-growth A viable path to limiting global warming to 1.5°C Slameršak, Aljoša|||0000-0001-5643-0331 Kallis, Giorgos|||0000-0003-0688-9552 O'neill, Daniel W. Hickel, Jason|||0000-0002-7490-9757 Low growth Degrowth Climate change Mitigation scenarios Post-pandemic scenarios Existing climate mitigation scenarios assume future rates of economic growth that are significantly higher than what has been experienced in the recent past. In this article we explore how assuming lower rates of growth, in line with the hypothesis of secular stagnation, changes the range of mitigation possibilities. We compare scenarios with moderate and strong policy ambition under both high-growth and low-growth assumptions. The results show that low growth makes it more feasible to decrease emissions in a way that is consistent with 1.5°C-2°C of warming. Moreover, low growth reduces the need to rely on unprecedented buildout of low-carbon energy infrastructure, and the unprecedented rates of energy-GDP decoupling that characterize existing scenarios. By contrast, pursuing higher growth rates, such as those represented in IMF projections, jeapordizes the Paris Agreement. The challenge is that lower growth is commonly associated with recession, which raises concerns about equity between and within countries, social stability, and the ability to finance a low-carbon energy transition. Recent literature on achieving a ''post-growth'' transition points to novel policies that could address these problems, which should be explored and evaluated in future mitigation scenarios. https://ddd.uab.cat/record/286525 https://dx.doi.org/urn:doi:10.1016/j.oneear.2023.11.004
spellingShingle Post-growth
Slameršak, Aljoša|||0000-0001-5643-0331
Post-growth
Low growth
Degrowth
Climate change
Mitigation scenarios
Post-pandemic scenarios
title Post-growth
title_full Post-growth
title_fullStr Post-growth
title_full_unstemmed Post-growth
title_short Post-growth
title_sort Post-growth
topic Post-growth
Low growth
Degrowth
Climate change
Mitigation scenarios
Post-pandemic scenarios
topic_facet Post-growth
Low growth
Degrowth
Climate change
Mitigation scenarios
Post-pandemic scenarios
url https://ddd.uab.cat/record/286525
https://dx.doi.org/urn:doi:10.1016/j.oneear.2023.11.004