3min chapter

The Real Story cover image

What is economic growth and why does it matter?

The Real Story

CHAPTER

Why Is It Time for Rich Nations to Abandon Growth Targets?

David Frum: The U.S. by itself isn't going to solve the problem of climate change. He says countries like India and China will turn around and say, well, nobody got rich without fossil fuels. Frum: It's time for rich nations who've grown their economies by burning fossil fuels to abandon growth targets. That idea is known as de-growth.

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