Curbing booms could cut carbon emissions – BIS paper
Overheating economies can misallocate resources to carbon-heavy industry, authors find
Policy actions that smooth out the economic cycle could also help to cut carbon emissions, a working paper published by the Bank for International Settlements finds.
Emanuel Kohlscheen, Richhild Moessner and Előd Takáts look at several macroeconomic variables and carbon emissions for 121 countries from 1971 to 2016.
They identify some linear relationships. Higher growth is associated with higher carbon emissions, and the greater the proportion of energy generated by coal, the higher the
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