Too much carbon tax and too few carrots. This is how Philippe Aghion, this year's Nobel Prize winner in economics, explains that the green transition has lost momentum. But the setback is temporary, he says.
BusinessHow is it that we have had two hundred years of sustained economic growth? This is something that Joel Mokyr and Philippe Aghion and Peter Howitt have answered in different ways in their research, for which they are now receiving the Economics Prize. It is about, among other things, "creative destruction".
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