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A circular economy (also referred to as circularity or CE) [1] is a model of resource production and consumption in any economy that involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products for as long as possible.
Carbon tech is a group of existing and emerging technologies that are rapidly transforming oil and gas to low emissions energy. Combined, these technologies take a circular carbon economy approach for managing and reducing carbon footprints, while optimizing biological and industry processes.
The Green Paradox is a controversial book by German economist, Hans-Werner Sinn, describing the observation that an environmental policy that becomes greener with the passage of time acts like an announced expropriation for the owners of fossil fuel resources, inducing them to accelerate resource extraction and hence to accelerate global warming.
Further influential developments include work by the economists Nicholas Stern and William Nordhaus, making the case for integrating environmental concerns into economic activities: The 2006 Stern Review on the Economics of Climate Change assessed the economic costs and risks of climate change and concluded that “the benefits of strong and ...
Critics point instead to alternative frameworks for economic change such as a circular economy, steady-state economy, degrowth, doughnut economics and others. [ 28 ] Approximately 57% of businesses responding to a survey are investing in energy efficiency , 64% in reducing and recycling trash, and 32% in new, less polluting industries and ...
Climate change mitigation policies can have a large and complex impact on the socio-economic status of individuals and countries This can be both positive and negative. [299] It is important to design policies well and make them inclusive. Otherwise climate change mitigation measures can impose higher financial costs on poor households. [300]
[10]: 2495 A study in 2024 projected that by 2050, climate change will reduce average global incomes by likely 19% (confidence interval 11-29%), relative to a counterfactual where no climate change occurs. The global economy and per capita income would still grow relative to present, but the global annual damages would reach about $38 trillion ...
The mitigation of climate change effects is an example of a public good, where the social benefits are not reflected completely in the market price. Because the personal marginal benefits are less than the social benefits the market under-provides climate change mitigation.
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related to: climate change and circular economy notesceres.org has been visited by 10K+ users in the past month