There’s now even more evidence that countries around the world can reduce carbon emissions without sacrificing economic growth. Carbon intensive industries often argue that regulations will destroy the economy and do little to protect the planet. They couldn’t be more wrong. A recent study looked at emissions and economic growth and found that countries can indeed reduce emissions and increase their GDP.
The study looked at emissions from between 2005 and 2015. Globally, CO2 was on the rise — about 2.2 per cent annually — but in 18 countries, their emissions saw a decline. These 18 account for 28 per cent of global emissions.
What the researchers found most encouraging about their study is that, for the two countries that were the control group, if you removed their economic growth, policies encouraging energy efficiency were linked to cuts in emissions.
“Really, this study shows it’s not a mystery. We have the technology: you put the effort in place, you develop the policies, you fund them, and then you get emission decreases,” Le Quéré said.