A Low-Carbon Economy (LCE), Low-Fossil-Fuel Economy (LFFE) or Decarbonised Economy is an economy that has a minimal output of greenhouse gas (GHG) emissions into the environment biosphere, but specifically refers to the greenhouse gas carbon dioxide. GHG emissions due to anthropogenic (human) activity are increasingly either causing climate change (global warming) or making climate change worse. Scientists are concerned about the negative impacts of climate change on humanity in the foreseeable future.
Globally implemented LCEs, therefore, are proposed, by those having drawn this conclusion, as a means to avoid catastrophic climate change, and as a precursor to the more advanced, zero-carbon society and renewable energy economy.
Nations may seek to become low-carbon or decarbonised economies as a part of a national climate change mitigation strategy. A comprehensive strategy to mitigate, if that is possible, climate change is carbon neutrality and geoengineering.
The aim of a LCE is to integrate all aspects of itself from its manufacturing, agriculture, transportation, and power-generation, etc. around technologies that produce energy and materials with little GHG emission, and, thus, around populations, buildings, machines, and devices that use those energies and materials efficiently, and, dispose of or recycle its wastes so as to have a minimal output of GHGs. Furthermore, it has been proposed that to make the transition to an LCE economically viable we would have to attribute a cost(per unit output) to GHGs through means such as emissions trading and/or a carbon tax.