Check out my latest article: NECP – should we abandon it or implement it? Pantelis Capros, Emeritus Professor of Energy Economics at the National Technical University of Athens linkedin.com/pulse/necp-sho… via @LinkedIn
These analyses challenge the negative GDP and high-cost dogmas held by sceptics opposed to climate policies, which unfortunately are gaining influence today. In this light, the recent Nobel in Economics sends a message of great political importance. (3/3)
Our models, such as GEM-E3 with endogenous growth driven by green technology progress, along with similar models by others, provide evidence of the favourable GDP implications of climate-neutral technologies based on innovation-driven productivity gains. (2/3)
The well-deserved Nobel laureates in Economics, Philippe Aghion and Peter Howitt, have inspired large-scale modelling of the potentially positive impacts of the green energy transition on economic growth. (1/3)