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U.S. government is assuming ~0.5-1% per-capita GDP growth in their net-zero plan.
https://unfccc.int/sites/default/files/resource/US_accessibleLTS2021.pdf … HT @RogerPielkeJr
This would be significantly lower than all SSP scenarios, but consistent with recent history. If this is what the future holds, we should prepare for it
very interesting — could you just highlight for the outsider, where I see this GDP/cap growth? Is it ref 111, and again, I can't see the GDP growth there, either. THANKS!
"Population and GDP, the final set of assumptions, span compound annual growth rates from 2020 to 2050 of 0.5% to 0.7% for population and 1.1% to 1.8% for GDP." p.c. GDP growth ~= GDP growth - population growth. That's where I get ~0.5-1%. 1/
For comparison to recent OECD history, see Fig. 1B of this preprint: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3789982 … 2/2
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