Mark Carney, Governor Bank Of England, argued that low carbon economic growth is possible. In further testimony he stresses the importance of transition, policy, transparency and risk management while commenting that intangible growth is still important growth.
De-Growth advocates argue decoupling carbon from economic growth is impossible (or extremely hard). Thus degrowth policies may be needed.
(I tend to not be in the de-growth camp, but do think some consumption eg food waste - is wasteful)
The arguments continue to be intense. There is some agreement that brown—>green transition is important regardless of growth stance. Central scenarios point to 3c warming in 2100. Stronger policy + innovation amplified by markets, corporate and consumer behaviour could bring those scenarios down. Complex tipping points, policy failures could swing other way.
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