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S6 Ep28: Aghion: Is green growth possible?

VoxTalks Economics

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Introduction

Philippe Agillon is a professor of economics at the Paris School of Economics. He says innovation is key to fighting climate change, but that government must help direct it. Research shows firms that innovated in dirty technologies tend to continue innovating in dirty technology in the future. And so you need government intervention to redirect technical change towards green technologies.

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