There is an emerging consensus that the future, globalized world economy will be carbon-constrained- that is, that the climate externality associated with economic activity in most sectors will no longer remain untamed.
Such an economy will have undergone a substantial sectoral restructuring, accomplished the integration of new ICT-based products and processes, and relied on knowledge-based approaches and management.
America's booming economy will create increased government revenues- an important step toward long-term fiscal sustainability,” Mulvaney said in a statement accompanying the data.
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