Swedish teenager Greta Thunberg explained that things can change quickly, despite the scale of the challenge on climate change.
statement, which holds true. But the relevance of this statement to our generation is greater than ever. Let me expand upon this.
"The first day I sat all alone," she said, speaking of her decision to go on strike from school and sit outside the Swedish parliament to highlight the climate crisis. "But on the second day, people started joining me... I wouldn't have imagined in my wildest dreams that this would have happened so fast."
Possibly the biggest issue our generation is likely to face is the consequence of a rapidly changing climate. What’s that got to do with economics you may ask? Every government aims to maximise economic growth and a standard GCSE textbook, will state that this results in pollution. Putting that into reality, China experienced a growth rate of 7.8% in 2013 which is strong but also accounted for a mind-blowing 28% of global greenhouse emissions. In 2018, India experienced a strong growth rate of 6.8%, similar to China but also 15% of all deaths in India are pollution-linked. That’s 8.3 million people. The population of London. Clearly, there is a general pattern here but what’s being done to solve this? How can economic growth be achieved in a sustainable way?
"Change is coming whether you like it or not."
THE ECONOMICS OF CLIMATE CHANGE HAMZA S. “In the long run we are all dead”. A quote by John Maynard Keynes. A rather bold
Well, the Paris climate change agreement in 2015 was a step forward. It encouraged 37
