From : An Economic View of the Environment: maintained by Robert N. Stavins Director of the Harvard Environmental Economics Program, and Chairman of the Environment and Natural Resources Faculty Group.In the September 21st issue of the Wall Street Journal, the editors pose the following question: can countries cut carbon emissions without hurting economic growth? In his introductory essay, Michael Totty frames the issues as follows:
“There’s little doubt: Cutting greenhouse gases will be costly. But that leads to two big questions. First, how costly? And second, can nations afford it? As policy makers around the world take action to avoid a predicted climate catastrophe, the debate is turning to the costs of reducing carbon-dioxide emissions. Energy-efficiency measures are often pricey, and alternative energy sources are more expensive than the fossil fuels they replace. A steep price on carbon emissions will ripple through the economy. Does that mean a serious effort to tackle global warming is incompatible with economic growth? Or can we make significant cuts in greenhouse-gas emissions without causing serious damage to the economy?
The following links poses this question to Robert Stavins, a professor of business and government at Harvard University and director of Harvard’s environmental economics program and Steven Hayward, a fellow at the American Enterprise Institute for Public Policy Research . Check this out here ...
Let us kickstart our Environmental Economics Club by doing our own take on this topic. CAN INDIA CUT CARBON EMISSIONS WITHOUT HURTING ECONOMIC GROWTH? What is your answer. Share it with us?
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i think so.......we have an agro based economy............90 % of indian people are employed in this sector......so, instead of building more chemical hubs and stuff like that, we can concentrate on our agriculture........set an eg 4 the rest of the world!
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