Green Capital: A New Perspective on Growth by Christian de Perthuis Pierre-André Jouvet Michael Westlake

Green Capital: A New Perspective on Growth by Christian de Perthuis Pierre-André Jouvet Michael Westlake

Author:Christian de Perthuis, Pierre-André Jouvet, Michael Westlake
Format: epub
Tags: BUS072000, Business & Economics/Development/Sustainable Development, SCI026000, Science/Environmental Science
Publisher: Perseus Books, LLC
Published: 2015-10-12T16:00:00+00:00


This bipolar view of the world, already questionable in 1992, is totally out of step with contemporary reality, in which emerging economies have shifted the center of gravity of the international economy by becoming the main drivers of the increase in emissions. Nor does it take account of the geopolitics of energy, with the importance of the bloc of oil producers and exporters, without whose participation no serious climate agreement can be achieved. These basic geopolitical facts are confirmed by the figures: of the top ten emitters of CO2 from energy production, totaling about 80 percent of global emissions, five are emerging countries, four are industrialized countries, and one is an oil-exporting country (see table 13.1). An ambitious climate agreement must forge a new coalition among these major emitters by going beyond the binary interpretation of the principle of common but differentiated responsibility.



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