climate and clean energy policy | www.jonasmeckling.com
How we design green industrial policy will decide whether it drives or derails global decarbonization.
Read the full article here 👇
www.nature.com/articles/s41...
How we design green industrial policy will decide whether it drives or derails global decarbonization.
Read the full article here 👇
www.nature.com/articles/s41...
That depends on:
- Keeping GIP green
- Avoiding public backlash
- Embedding competition in cooperation
That depends on:
- Keeping GIP green
- Avoiding public backlash
- Embedding competition in cooperation
✅ Positive: race to the top → faster innovation, cheaper tech, deeper climate cooperation.
❌ Negative: trade barriers, higher costs, geopolitical conflict, growing divides.
👉 Fig. 3 shows the growing use of trade-related instruments.
✅ Positive: race to the top → faster innovation, cheaper tech, deeper climate cooperation.
❌ Negative: trade barriers, higher costs, geopolitical conflict, growing divides.
👉 Fig. 3 shows the growing use of trade-related instruments.
Open-economy vs. closed-economy GIP
Institutions & fiscal capacity determine success.
Open-economy vs. closed-economy GIP
Institutions & fiscal capacity determine success.
By 2023:
China, EU & US = 60% of all GIP measures
By 2023:
China, EU & US = 60% of all GIP measures
1️⃣ Plunging costs of clean tech
2️⃣ China’s dominance in supply chains
3️⃣ New political coalitions linking climate, business & security
Together, these drivers created a geoeconomic turn.
1️⃣ Plunging costs of clean tech
2️⃣ China’s dominance in supply chains
3️⃣ New political coalitions linking climate, business & security
Together, these drivers created a geoeconomic turn.