Stagflation and Climate Change: A Double Edged Sword
The relationship between stagflation and climate change is complex, with climate change more likely to cause stagflation rather than the other way around. However, as the US is finding these days, when stagflation is caused by policy change, that, too, can influence the development of climate change in several ways. It works particularly through its economic impact, energy transition challenges, consumer behavior, and policy implications.
