Christian de Perthuis and Pierre-André Jouvet
- Published in print:
- 2015
- Published Online:
- May 2016
- ISBN:
- 9780231171403
- eISBN:
- 9780231540360
- Item type:
- chapter
- Publisher:
- Columbia University Press
- DOI:
- 10.7312/columbia/9780231171403.003.0019
- Subject:
- Economics and Finance, Development, Growth, and Environmental
This chapter returns to the concrete conditions required to foster growth based on the ascription of value to green capital, leading eventually to a self-reproducing, fully functional economy. The ...
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This chapter returns to the concrete conditions required to foster growth based on the ascription of value to green capital, leading eventually to a self-reproducing, fully functional economy. The forces to be set in motion will emerge neither from spontaneous market action nor from deliberate action by planners. Instead their guiding principles will be the large-scale deployment of environmental pricing, reorientation of public support toward research and development, new choices in terms of infrastructure, and the introduction of greater intelligence into networks, as well as training, the organization of professional retraining, and social acceptance, without which a collective transition project cannot be constructed.Less
This chapter returns to the concrete conditions required to foster growth based on the ascription of value to green capital, leading eventually to a self-reproducing, fully functional economy. The forces to be set in motion will emerge neither from spontaneous market action nor from deliberate action by planners. Instead their guiding principles will be the large-scale deployment of environmental pricing, reorientation of public support toward research and development, new choices in terms of infrastructure, and the introduction of greater intelligence into networks, as well as training, the organization of professional retraining, and social acceptance, without which a collective transition project cannot be constructed.