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From “Green Growth” to sound policies: An overview

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  • Schmalensee, Richard

Abstract

“Green growth” is an attractive slogan with a variety of possible meanings. This essay critically examines several potential meanings of this slogan and provides a brief overview of some of the main implications of the other papers in this special issue. Taken together, these papers argue for the importance of careful analysis of energy/environmental policies, particularly ambitious ones claiming to offer huge benefits with little or no cost.

Suggested Citation

  • Schmalensee, Richard, 2012. "From “Green Growth” to sound policies: An overview," Energy Economics, Elsevier, vol. 34(S1), pages 2-6.
  • Handle: RePEc:eee:eneeco:v:34:y:2012:i:s1:p:s2-s6
    DOI: 10.1016/j.eneco.2012.08.041
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    References listed on IDEAS

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    1. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
    2. Cohen, Mark A. & Vandenbergh, Michael P., 2012. "The potential role of carbon labeling in a green economy," Energy Economics, Elsevier, vol. 34(S1), pages 53-63.
    3. Hallegatte, Stephane & Heal, Geoffrey & Fay, Marianne & Treguer, David, 2011. "From growth to green growth -- a framework," Policy Research Working Paper Series 5872, The World Bank.
    4. Edmonds, James & Calvin, Katherine & Clarke, Leon & Kyle, Page & Wise, Marshall, 2012. "Energy and technology lessons since Rio," Energy Economics, Elsevier, vol. 34(S1), pages 7-14.
    5. Cooper, Richard N., 2012. "Financing for climate change," Energy Economics, Elsevier, vol. 34(S1), pages 29-33.
    6. Reilly, John M., 2012. "Green growth and the efficient use of natural resources," Energy Economics, Elsevier, vol. 34(S1), pages 85-93.
    7. Furchtgott-Roth, Diana, 2012. "The elusive and expensive green job," Energy Economics, Elsevier, vol. 34(S1), pages 43-52.
    8. Carraro, Carlo & Favero, Alice & Massetti, Emanuele, 2012. "“Investments and public finance in a green, low carbon, economy”," Energy Economics, Elsevier, vol. 34(S1), pages 15-28.
    9. Geoffrey Heal, 2012. "Reflections--Defining and Measuring Sustainability," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 6(1), pages 147-163.
    10. Cooper, Richard N., 2012. "Financing for climate change," Scholarly Articles 13578515, Harvard University Department of Economics.
    11. Michael E. Porter & Claas van der Linde, 1995. "Toward a New Conception of the Environment-Competitiveness Relationship," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 97-118, Fall.
    12. Richard Schmalensee, 2012. "Evaluating Policies to Increase Electricity Generation from Renewable Energy," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 6(1), pages 45-64.
    13. Morris, Adele C. & Nivola, Pietro S. & Schultze, Charles L., 2012. "Clean energy: Revisiting the challenges of industrial policy," Energy Economics, Elsevier, vol. 34(S1), pages 34-42.
    14. Plambeck, Erica L., 2012. "Reducing greenhouse gas emissions through operations and supply chain management," Energy Economics, Elsevier, vol. 34(S1), pages 64-74.
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    Citations

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    Cited by:

    1. Marcello Tonelli & Nicolò Cristoni, 2015. "Can GRI Light Up the Future of Mankind?," Proceedings of International Academic Conferences 2503903, International Institute of Social and Economic Sciences.
    2. repec:gam:jsusta:v:9:y:2017:i:7:p:1092-:d:102344 is not listed on IDEAS
    3. repec:eee:rensus:v:76:y:2017:i:c:p:185-192 is not listed on IDEAS
    4. Chang, Rui-Dong & Zuo, Jian & Zhao, Zhen-Yu & Zillante, George & Gan, Xiao-Long & Soebarto, Veronica, 2017. "Evolving theories of sustainability and firms: History, future directions and implications for renewable energy research," Renewable and Sustainable Energy Reviews, Elsevier, vol. 72(C), pages 48-56.
    5. Heindl, Peter, 2014. "Ökonomische Aspekte der Lastenverteilung in der Umweltpolitik am Beispiel der Energiewende: Ein Beitrag zum interdisziplinären Dialog," ZEW Discussion Papers 14-061, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    6. Heshmati, Almas, 2014. "An Empirical Survey of the Ramifications of a Green Economy," IZA Discussion Papers 8078, Institute for the Study of Labor (IZA).
    7. Barbier, Edward B., 2016. "Is green growth relevant for poor economies?," Resource and Energy Economics, Elsevier, vol. 45(C), pages 178-191.
    8. Abolhosseini, Shahrouz & Heshmati, Almas & Altmann, Jörn, 2014. "The Effect of Renewable Energy Development on Carbon Emission Reduction: An Empirical Analysis for the EU-15 Countries," IZA Discussion Papers 7989, Institute for the Study of Labor (IZA).
    9. repec:kap:jbioec:v:19:y:2017:i:1:d:10.1007_s10818-016-9238-3 is not listed on IDEAS
    10. Ho, Mun & Wang, Zhongmin, 2014. "Green Growth (for China): A Literature Review," Discussion Papers dp-14-22, Resources For the Future.

    More about this item

    Keywords

    Green growth; Green economy; UNEP; OECD;

    JEL classification:

    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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