Title (en)
An optimal policy mix for resource use
Language
English
Description (en)
WWWforEurope Policy Brief No. 5, 21 pages With reference to the use of material and energy resources, we seek to underline the need for a marked socio-ecological transition. Business-as-usual will fail in the face of an unprecendented rise in global demand, a rising price level and volatility of raw materials and indications of limited future supply. There needs to be a broad vision of such a transition, encompassing and extending beyond climate and resource policies and attractive for many different stakeholders and the general public. Key policy elements are carbon pricing, a shift of tax burdens from labour to resources, a shift in emphasis from improving labour productivity to resource productivity, and measures to improve the circularity of the economy. In the long run, Europe should be able to create a lifestyle in production and consumption that is globally sustainable. We build upon a new model, DYKE, that will represent Europe’s energy and materials stocks and flows physically within the economic context and thus to internalize the functional interdependencies of energy and materials and simulate the impact of policies for the labour market and household income.
Keywords (en)
Behavioural economicsBeyond GDPEcological innovationEuropean economic policyGreen jobsInnovation policySocio-ecological transition
HTTP/WWW
http://www.foreurope.eu
Author of the digital object
Marina Fischer-Kowalski
Author of the digital object
Dominik Wiedenhofer
Publisher
WWWforEurope
Judge
Raimund Bleischwitz
Jeroen van den Bergh
OpenAIRE Version Type
publishedVersion
Format
application/pdf
OpenAIRE Access Rights
openAccess
Dewey Decimal Classification
Economics of land & energy
European Projects
Socio-economic sciences and the humanities
Type of publication
other
European Union (all programmes)
290647
Publication Date
2014-10-09