How renewables and clean tech are reinvigorating the global economy
We are going through one of the most exciting transitions in history. The revolution in clean technology will stabilise the climate at the same time as improving living standards across the planet by providing cleaner air, reducing waste and restoring biodiversity.
Evidence shows innovation is driving down the cost of clean technologies across the multiple industries including energy transport, construction, and chemicals, leading to increased adoption across worldwide. Cameron Hepburn explains that fresh thinking in economics is urgently needed to tackle a wide array of critical climate challenges, giving us the opportunity to reinvigorate economies worldwide at the same time as addressing rising inequality and developing new models of long-term sustainability.
Cameron Hepburn is Professor of Environmental Economics at the University of Oxford, and Director of the Smith School of Enterprise and the Environment. He also serves as the Director of the Economics of Sustainability Programme, based at the Institute for New Economic Thinking at the Oxford Martin School.
To find out more about Cameron Hepburn’s work, visit Oxford Martin School’s website https://www.oxfordmartin.ox.ac.uk/people/cameron-hepburn/