Green industrial policy for climate action in the basic materials industry

Åsa Löfgren; Lassi Ahlvik; Inge van den Bijgaart; Jessica Coria; Jūratė Jaraitė; Filip Johnsson; Johan Rootzén

doi:10.1007/s10584-024-03801-7

Green industrial policy for climate action in the basic materials industry

Åsa Löfgren, Lassi Ahlvik, Inge van den Bijgaart, Jessica Coria, Jūratė Jaraitė, Filip Johnsson, Johan Rootzén

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Sammanfattning

Historically, the basic materials industry has had relatively low R&D expenditure levels, raising concerns about meeting 2050 climate targets given the crucial need for innovation and technology advancement in this industry. Decisive government intervention and active support for key technological pathways are required to address significant market failures and catalyse industrial decarbonisation. This Essay lays out the economic justification for an active green industrial policy and proposes key policy design principles, with the aim of striking a balance between facilitating the green industrial transition and maintaining cost efficiency in meeting climate targets.

Originalspråk	engelska
Artikelnummer	147
Tidskrift	Climatic Change
Volym	177
Nummer	9
ISSN	0165-0009
DOI	https://doi.org/10.1007/s10584-024-03801-7
Status	Publicerad - sep. 2024
MoE-publikationstyp	A1 Tidskriftsartikel-refererad

Bibliografisk information

Publisher Copyright:
© The Author(s) 2024.

Vetenskapsgrenar

1172 Miljövetenskap
218 Miljöteknik

Åtkomst av dokument

10.1007/s10584-024-03801-7Licens: CC BY

s10584-024-03801-7Slutlig publicerad version, 0,98 MBLicens: CC BY

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