How does the Global Power Shift Affect the Low Carbon Transformation?

Abstract

Two transformations are likely to dominate the first half of the twenty-first century. One is the shift in economic power from the West (North America and Western Europe) to the East (China and the East Asian production system). The second is the transition from a high to low carbon economy. The first shift is at an advanced stage; the second at an early stage. The purpose of this paper is to discuss how the first shift affects the second.