A major issue in climate economics is whether it is possible to halt the growth in carbon emissions and to achieve, instead, a rapid reduction. It concludes that carbon emissions will never fall at a sufficient rate in a growth economy. Unfortunately, the EU operates a climate policy framework, the EU Emissions Trading System, that was designed by BP and it doesn’t work. Policies that might work were the political will there are described. However, the fossil fuel industry still has a stranglehold on policy. An entirely different way of thinking about climate issues is needed, one that is consistent with the limits to growth paradigm. The alternative way of framing the climate debate is: Humanity is faced with the high likelihood of a catastrophic ecological tipping point and this crisis is part of a general crisis at the limits to economic growth There are many unknowns at that […]