Chapter 1: Policies for green growth versus policies for no growth: a matter of timing
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Advocates of green-growth policies and those who advocate policies to stop growth both accept that the world faces serious environmental problems. They disagree on and debate about appropriate remedies. Green-growth advocates argue that it is possible to create a green economy compatible with sustained growth. The no-growth advocates argue that the whole growth process must be stopped if the planet is to be saved from catastrophe. This chapter argues that choosing the optimal policy for dealing with these serious problems does not require deciding which group is right. Instead it is argued that the optimal policy is to act as if the green-growth advocates are right and only if their policies are shown to be inadequate by their failure to do anything like the whole job, should no-growth policies be attempted.

Edited by Roger Fouquet