We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Socially Sustainable Economic De-growth.
- Authors
Alier, Joan Martinez
- Abstract
Economic growth is not compatible with environmental sustainability. The effort to push up the rate of growth by increasing obligations to repay financial debts is in direct conflict with the availability of exhaustible resources and with the capacity of waste sinks. The economic crisis of 2008–09 has resulted in a welcome change to the totally unsustainable trend of increasing carbon dioxide emissions. The Kyoto Protocal of 1997 was generous to the rich countries, giving them property rights on the carbon sinks and the atmosphere in exchange for the promise of a reduction of 5 per cent of their emissions relative to1990. This modest Kyoto objective will be fulfilled more easily because of the economic crisis. This shows that economic de-growth, leading to a steady state, is a plausible objective for the rich industrial economies. This would be supported by the environmental justice movements of the South, which are active in resource extraction conflicts.
- Subjects
ECONOMIC development research; NONRENEWABLE natural resources &; economic development; SUSTAINABILITY; GLOBAL Financial Crisis, 2008-2009; UNITED Nations Framework Convention on Climate Change (1992). Protocols, etc., 1997 December 11; ENVIRONMENTAL policy
- Publication
Development & Change, 2009, Vol 40, Issue 6, p1099
- ISSN
0012-155X
- Publication type
Article
- DOI
10.1111/j.1467-7660.2009.01618.x