Tackling climate change - Nicholas Stern

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Tackling climate change - Nicholas Stern

  1. 1. Source: Google images
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  4. 4. Cleantech & Biotech (2009-) 6TH WAVE Information & Telecom (1971-) Oil, Automobiles & Mass Production INNOVATION (1910-1975) 5TH WAVE Steel, Electricity & Heavy (1875-1920) 4TH WAVE Steam & Railways (1830-1870) 3RD WAVE Industrial 2ND WAVE (1770-1830) 1ST WAVE 1785 1845 1900 1950 1990 2020 4Source: Merrill Lynch (2008) & Perez (2002)
  5. 5. Source: National Development and Reform Commission (NDRC)
  6. 6. Source: Google images
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