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Topic: Degrowth

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[Episode #222] – Green Industrial Policy

Apr 17 2024

In this final episode of our three-show miniseries on green industrial policy (Episodes #220, #221 and #222), we look at it from the perspective of an economist who has written a book on the subject and advocated for it in the EU.

Dr. Alessio Terzi is an economist with the European Commission who works at the intersection of academia, policy, and think-tanks. He is the author of numerous articles in major news publications, as well as a book, titled Growth for Good.

In today’s conversation, we discuss why technological transformation is the essential pathway to solving our climate problems, and how integral capitalism and growth are to that process. We explore the concept of degrowth and some critiques of conventional capitalism, along with ways that capitalism can be adapted to answer the climate challenge. Finally, Dr. Terzi presents his "blueprint for green capitalism," offering a nuanced perspective on leveraging economic tools to foster a successful energy transition.

This episode is a thoughtful, 90-minute excursion into economic theory and green industrial policy that aims to answer some of the contemporary questions about the wisdom of using the tools of capitalism and growth to make the energy transition successful.

Guest:

Dr. Alessio Terzi is an economist working at the intersection of academia, policy and think-tanks. He is an economist at DG ECFIN of the European Commission, a Lecturer in Public Policy at Cambridge University, and an Adjunct Professor in Economics at Sciences Po and at HEC Paris. Prior to this, he was an Affiliate Fellow at Bruegel, and a Fulbright Scholar at the Harvard Kennedy School. He also worked in the European Central Bank’s EU institutions division and in sovereign risk analysis for BMI Research (Fitch Ratings). He is the author of numerous articles in major news publications and the book, Growth for Good.

On Twitter: @terzibus

On LinkedIn: https://www.linkedin.com/in/alessio-terzi-39b89120/

On the Web: https://www.alessioterzi.eu/

Geek rating: 5

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[Episode #136] – The Economic Superorganism

Dec 9 2020

Mini Episode

As the energy transition proceeds and the world takes more aggressive steps to curb global warming, analysts from many disciplines are questioning how economic growth can be maintained, or if there are limits to growth—a concept first raised in the 1970s—that will also limit the progression of energy transition. Will we run into fundamental limits on resources and debt? Or can human ingenuity and technological innovation continue to overcome any limits we encounter?

These two narratives—techno-realism and techno-optimism—compete for our attention and argue for very different trajectories of energy transition. In this episode, we speak with researcher and author Carey King about his new book, The Economic Superorganism, which explores the scientific and rhetorical basis of the competing narratives both within and between energy technology and economics.

Geek rating: 7

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[Episode #125] – Beyond Planet of the Humans

Jul 8 2020

Mini Episode

Planet of the Humans, by filmmakers Michael Moore, Jeff Gibbs, and Ozzie Zehner, has been roundly criticized by everyone involved in energy transition, and rightly so, because it’s more than a decade out of date. But it did manage to confuse some people about the true state of energy transition, and misled them into believing that wind and solar are some kind of hoax perpetrated on an unsuspecting public by evil billionaires. Even worse, some opponents of energy transition started using the film for their own purposes.

But we think everyone—including the filmmakers themselves—rather missed the point of what the film was really about, which isn’t energy transition at all. It’s something else entirely.

In this episode, we speak with Dutch energy analyst Auke Hoekstra about how the film isn't actually about renewable energy at all by focusing on the entire worldview of the filmmakers. You may have read some critiques of the film already, but we guarantee you haven’t heard this take on it!

Geek rating: 3

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[Episode #54] – Resource Limitations

Oct 18 2017

Mini Episode

How do we know at what level our consumption is sustainable, and when we’re in planetary overshoot? How do we quantify what the planet’s capacity is to meet human demands, and how much of that capacity is renewable, and how much of it is just being permanently depleted? And once we had a way to quantify that, what would we do with that information? Would we use it to inform our actions and avert overpopulation and disaster? Would we ignore it at our peril? Or would reality just unfold in some messy fashion along a default path somewhere in between? Is a deliberate transition to a sustainable energy system even possible?

Our guest in this episode created a scientific methodology called “ecological footprint analysis,” a kind of ecological accounting, to inform policymakers about our resource demands on the world as compared with Earth’s ability to meet those demands. Earth Overshoot Day, which the Global Footprint Network calculates every year, arrived on August 2, meaning “that in seven months, we emitted more carbon than the oceans and forest can absorb in a year, we caught more fish, felled more trees, harvested more, and consumed more water than the Earth was able to produce in the same period.” After listening to this discussion, you’ll never quite think of energy transition the same way again.

Geek rating: 2

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