Objective Requirements for an Effective Transition to a Green Economy

The paper presents a critical analysis of the current approaches of the transition to a green economy also known as a “net zero” economy. The analysis is based on the identification of two hard constraints (defined as “availability condition” and “affordability condition”). The analysis puts into p...

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Main Author: FLORIN BONCIU
Format: Article
Language:English
Published: Nicolae Titulescu University 2022-06-01
Series:Global Economic Observer
Subjects:
Online Access:http://www.globeco.ro/wp-content/uploads/vol/split/vol_10_no_1/geo_2022_vol10_no1_art_007.pdf
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author FLORIN BONCIU
author_facet FLORIN BONCIU
author_sort FLORIN BONCIU
collection DOAJ
description The paper presents a critical analysis of the current approaches of the transition to a green economy also known as a “net zero” economy. The analysis is based on the identification of two hard constraints (defined as “availability condition” and “affordability condition”). The analysis puts into perspective previous technological and energy transitions that happened due to technological and market economy forces with administrative / volitive transitions in which significant changes of the economic and social environment are intended resulting from changes in the rules of the game and from mandatory standards. In this context, the paper presents several clarifications and recommendations that should be considered in order to achieve an effective and efficient transition without incurring societal and economic consequences.
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institution DOAJ
issn 2343-9742
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publishDate 2022-06-01
publisher Nicolae Titulescu University
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series Global Economic Observer
spelling doaj-art-5de0b11034e24833aba63e36d287e9fc2025-08-20T03:03:12ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502022-06-011017079Objective Requirements for an Effective Transition to a Green EconomyFLORIN BONCIU0PhD. Institute for World Economy, Romanian Academy ROMANIA, fbonciu@gmail.com The paper presents a critical analysis of the current approaches of the transition to a green economy also known as a “net zero” economy. The analysis is based on the identification of two hard constraints (defined as “availability condition” and “affordability condition”). The analysis puts into perspective previous technological and energy transitions that happened due to technological and market economy forces with administrative / volitive transitions in which significant changes of the economic and social environment are intended resulting from changes in the rules of the game and from mandatory standards. In this context, the paper presents several clarifications and recommendations that should be considered in order to achieve an effective and efficient transition without incurring societal and economic consequences. http://www.globeco.ro/wp-content/uploads/vol/split/vol_10_no_1/geo_2022_vol10_no1_art_007.pdfgreen economytechnological transitionenvironmentanthropocene
spellingShingle FLORIN BONCIU
Objective Requirements for an Effective Transition to a Green Economy
Global Economic Observer
green economy
technological transition
environment
anthropocene
title Objective Requirements for an Effective Transition to a Green Economy
title_full Objective Requirements for an Effective Transition to a Green Economy
title_fullStr Objective Requirements for an Effective Transition to a Green Economy
title_full_unstemmed Objective Requirements for an Effective Transition to a Green Economy
title_short Objective Requirements for an Effective Transition to a Green Economy
title_sort objective requirements for an effective transition to a green economy
topic green economy
technological transition
environment
anthropocene
url http://www.globeco.ro/wp-content/uploads/vol/split/vol_10_no_1/geo_2022_vol10_no1_art_007.pdf
work_keys_str_mv AT florinbonciu objectiverequirementsforaneffectivetransitiontoagreeneconomy