“The successful transition towards a low-carbon economy, as defined by the Paris Climate Agreement, is projected to result in a 1.1% growth in GDP, and a 0.5% growth in employment, in the EU between now and 2030. This is compared to a ‘business as usual’ baseline forecast. Globally, China is also projected to benefit from a low-carbon transition, but the United States would experience a 3.4% drop in GDP, and a 1.6% decline in employment.”
If carbon emissions had a market value reflecting how much they cost society, it might completely change the way people priced their businesses.
The 4th EU-Norway Energy Conference will be hosted by Miguel Arias Cañete, Commissioner for Climate Action and Energy and Kjell Børge Freiberg, Norwegian Minister of Petroleum and Energy in Brussels where different aspects of the EU-Norway energy cooperation will be discussed. The theme will be “Working together for a successful energy transition.”