All models are wrong and most are harmful. Part 3. Possible explanations

Overview & Synopsis

This paper is the third of a series of 3, which aims to introduce my PhD. The goal of this research is to explain how capitalism is reproduced and transformed in climate mitigation scenarios for the EU. In Part 1, I explain why the current organization of the world economy can be said unsustainable, and what I mean by that. Part 2 examines how the economic system is depicted in recent and popular scenarios, and concludes that almost none of them question the current economic instutions. Part 3 lists the potential explanations to this surprising state of things, which constitute some of the hypotheses for my research. I did not use a systematic method to collect and code the publications I read. This is because the representation of economic institutions in energy and climate scenarios has very rarely been studied before, and thus no normalized vocabulary was available to create queries in research databases.