Journal
ENVIRONMENTAL & RESOURCE ECONOMICS
Volume 76, Issue 1, Pages 21-38Publisher
SPRINGER
DOI: 10.1007/s10640-020-00426-z
Keywords
Climate change; Coronavirus; Deglobalisation; Economic shock; Greenhouse gas emissions; Lockdown; Pandemic
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The Covid-19 coronavirus pandemic has resulted in global lockdowns, sharply curtailing economic activity. It is a unique experiment with substantial impacts that will form the agenda for research. There are five sets of questions: the short-term impacts on emissions, the natural environment and environmental policy, including regulations and COP26; longer-term consequences from the deployment of macroeconomic monetary and fiscal stimuli, and investment in green deals; possible further deglobalisation and its impact on climate change and nature; intergenerational environmental impacts including debt and pollution burdens on future generations; and possible behavioural changes to the environment, both positive and negative.
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