{"id":429547,"date":"2021-08-07T11:46:34","date_gmt":"2021-08-07T06:16:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=429547"},"modified":"2021-08-07T11:46:34","modified_gmt":"2021-08-07T06:16:34","slug":"view-the-conundrum-that-confronts-transition-to-a-greener-economy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/view-the-conundrum-that-confronts-transition-to-a-greener-economy\/","title":{"rendered":"View: The conundrum that confronts transition to a greener economy"},"content":{"rendered":"<p>The world faces a growing paradox in the campaign to contain climate change. The harder it pushes the transition to a greener economy, the more expensive the campaign becomes, and the less likely it is to achieve its aim, to limit the worst effects of global warming.<\/p>\n<p>New government-directed spending is driving up demand for materials needed to build a cleaner economy. At the same time, tightening regulation is limiting supply by discouraging investment in mines, smelters, oil fields, or any source that belches carbon. The unintended result is greenflation \u2013 rising prices for metals and minerals such as copper, aluminum and lithium, which are essential to solar and wind power, electric cars, batteries and other renewable technologies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world faces a growing paradox in the campaign to contain climate change. The harder it pushes the transition to a greener economy, the more expensive the campaign becomes, and the less likely it is to achieve its aim, to limit the worst effects of global warming. New government-directed spending is driving up demand for materials needed to build a cleaner economy. At the same time, tightening regulation is limiting supply by discouraging investment in mines, smelters, oil fields, or any source that belches carbon. The unintended result is greenflation \u2013 rising prices for metals and minerals such as copper, [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-429547","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/429547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=429547"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/429547\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=429547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=429547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=429547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}