Munich Personal RePEc Archive

Transition to sustainability? Feasible scenarios towards a low-carbon economy

Bernardo, Giovanni and D'Alessandro, Simone (2014): Transition to sustainability? Feasible scenarios towards a low-carbon economy.

This is the latest version of this item.

[thumbnail of MPRA_paper_67882.pdf]

Download (1MB) | Preview


This paper analyses different policies that may promote the transition towards a low-carbon economy. We present a dynamic simulation model where three different strategies are identified: improvements in energy efficiency, the development of the renewable energy sector, and carbon capture and storage. Our aim is to evaluate the dynamics that the implementation of these strategies may produce in the economy, looking at different performance indicators, such as the GDP growth rate, unemployment, labour share, carbon emissions, and renewable energy production. Scenario analysis shows that a number of tradeoffs between social, economic and environmental indicators emerge. Such tradeoffs undermine an `objective' definition of sustainability.

Available Versions of this Item

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.