ABSTRACT

Introduction Economists and environmentalists alike underline that there is, in principle, no contradiction between economic growth on the one hand, and preservation of the environment on the other. They go on to offer many examples of innovations that foster both growth and ecology concerns. Thus, Singapore, for instance, has spearheaded several forms of economic development and economic growth that are also environmentally sustainable. An entire city in China has been built upon the use of renewable sun energy. Moreover, almost all carmakers have planned for the construction of electricity or hydrogen cars. Many urban sites employ so-called green buses. This feasible coherence between economic growth and environmental sustainability holds at the microlevel in the economy, encompassing a host of interesting and promising projects, especially in rich countries. However, at the macrolevel, especially at the global level, matters are entirely different,

Contents Introduction .............................................................................................................................103 The Relevance of Economic Growth .........................................................................................104 Energy Consumption ...............................................................................................................106 Three Global Models ................................................................................................................108 Emissions .................................................................................................................................108