. And since that two-year breather ended in 2016, carbon emissions have been creeping up again.
Still, Hepburn’s argument makes some environmentalists uncomfortable. Sure, green growth sounds great — why not have more of everything, and save the planet at the same time? — but the transformation from the current economy to a new, cleaner one, would have to take place at a breakneck pace to avoid the worst consequences of climate change. This year, the coronavirus pandemic will likely cut globalsomewhere between 5 and 8 percent, the biggest drop since World War II.
While decoupling growth from emissions seems to some like a pipe dream, slashing growth to stem emissions presents other problems. Some 1.9 billion people live on less than $3.20 a day, and around a third of them, mainly in sub-Saharan Africa, try to survive on just $1.90 a day. It’s easy to talk about the problems that come with a growing economy when you live in a relatively affluent, developed country.
Degrowth advocates, of course, aren’t oblivious to global poverty. In fact, many think that developing countries should continue to grow to lift their populations out of poverty, even if it means their emissions rise. To balance the impact on the overall planet, Jason Hickel, an anthropologist at the London School of Economics, makes the case that richer countries would have to do more with less. The United States, for instance, produces around $65,000 of economic goods and services per person.
Of course, chopping an economy in half doesn’t sound appealing when you’re already struggling to get by.
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