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Covid-19 briefing: Covid-19 crisis, climate change and green recovery
The Coronavirus pandemic and measures to contain contagion had far reaching consequences on economic activities, which also led to a sharp fall in CO2 emissions. This has sparked new debate about how the recovery from the crisis could be made compatible with the Paris climate goals. In this post, I survey the emerging literature on the link between the economic recovery from the aftermath of the pandemic and climate change. A by-product of the widespread lockdown was a sharp fall in CO2 emissions. Using a confinement index to capture the extent to which different policies affect emissions and daily activity data for ... (full story)
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