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Decarbonization and “Greenflation”

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  • Otaviano Canuto

Abstract

Accelerating the transition toward low or net-zero carbon emissions is necessary to keep global warming at theoretically safe levels. That will likely bring price shocks associated with rising metal prices, energy costs, and carbon taxes – what has been called “greenflation”. Greening the economy will also require public spending and redistributive policies.

Suggested Citation

  • Otaviano Canuto, 2021. "Decarbonization and “Greenflation”," Policy briefs on Commodities & Energy 2119, Policy Center for the New South.
    • Handle: RePEc:ocp:pbcoen:pb-51-21
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