Greening the Global Economy

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In his book, Greening the Global Economy (MIT Press), PERI Co-Director Robert Pollin takes on the widely-held belief that protecting the environment and expanding job opportunities are conflicting goals. Pollin shows that reducing greenhouse gas emissions to target goals is achievable through steady, large-scale investments—about 1.5 percent of global GDP per year—in energy efficiency and clean renewable energy sources. Furthermore, he shows how these investments can support healthy rates of economic growth and expand employment opportunities. A global green investment project will also create new opportunities for small-scale and cooperative energy systems to flourish in both advanced and developing economies.