There is increasing attention on the need to harness the power of finance in order to achieve sustainability. Specifically what is being suggested, is that asset managers divest from fossil fuels and invest in renewables. Integrated Assessment Models seem to suggest that such a structural change towards a post-fossil fuel economy will allow prosperity and staying within the 1.5c.
Is there however any evidence about the physical possibility of having an industrial global economy for 9 billion people without fossil fuels? Is there any evidence of the production/distribution of renewable, at any scale, entirely without fossil fuels? If so, can it be scaled up? Or when talking about an economy based on renewables, what sort of economy would this be?
To answer your last question: a paradigm shift from a linear economic model into a circular economic model based on the 6 capital from gleeso white.
this also mean to redefine a metric like GDP into ...
have a look at roefie Hueting s book about this issue
good luck with your research
Please check our presentation (10.13140/RG.2.2.34167.57760). Hope it might help in leading the discussion. And, yes, papers on circular economy can be in place. Good luck
Dear Vladimir Kolmakov thanks for your reply. I have troubles accessing the file. Could you please send it to me via message? Best, Graziano
It is a bit odd to answer one's question, but hopefully others also find it of interest. It seems it would be indeed possible to manage a transition from fossil fuels to renewables. Thanks to Ugo Bardi for providing reference to his article on the matter.
It is a bit odd to answer one's question, but hopefully others also find it of interest. It seems it would be indeed possible to manage a transition from fossil fuels to renewables. Thanks to Ugo Bardi for providing reference to his article on the matter.… Read more
A very nice topic, but unfortunately outside my specialty, my best wishes for success