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Bet on technology or limit growth? Climate modelling shows ‘degrowth’ less technologically risky – News – The University of Sydney

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The new modelling was undertaken pre-COVID-19 but the degrowth pathways are based on a fraction of global GDP shrinkage of some 4.2 percent experienced in the first six months of the pandemic. Degrowth also focuses on structural social change to make wellbeing independent from economic growth.
We can still satisfy peoples needs, maintain employment and reduce inequality with degrowth, which is what distinguishes this pathway from recession, Mr Keyßer says. 
However, a just, democratic and orderly…

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