Scholarship about the role of managed systems when considering the impacts of climate change, the environmental problem arising from polluting-resource use, the economic aspects of strategies to slow climate change, and the connection between climate change and economic growth has increased and consolidated, especially in recent years. The main objective of this chapter is to explore and describe the effects of climate policy on greenhouse gas emissions, the societal aspects of climate change, the technology-based determinants of green growth, and the productivity impacts of environmental quality. The results of the current chapter converge with prior research on the harmful results of climate change, reduced use of polluting inputs as a consequence of environmental policy, the prevailing governmental policies for fighting global warming, and measures to mitigate the temperature increase by reducing CO2 emissions.
Supply-Side Climate Policy and the Green Paradox