The Green Industrial Revolution: Lessons from the history of past energy transitions
The challenges associated with today's green transition echo dynamics during past energy revolutions. Improvements in energy efficiency and sobriety can be part of a decarbonization strategy but with muted impact. An effective and credible climate policy must be chiefly targeted at accelerating a Green Industrial Revolution. Governments have many tools to do so, including taxation, regulation, public investment, and industrial policy. Cushioning blows to income and consumption of low-income households will be important in avoiding social backlash, slowing decarbonization.
Year of publication: |
2023
|
---|---|
Authors: | Terzi, Alessio ; Fouquet, Roger |
Published in: |
EconPol Forum. - ISSN 2752-1184. - Vol. 24.2023, 6, p. 16-22
|
Publisher: |
Munich : CESifo GmbH |
Saved in:
freely available
Saved in favorites
Similar items by person
-
The Green Industrial Revolution : lessons from the history of past energy transitions
Terzi, Alessio, (2023)
-
Reform momentum and its impact on Greek growth
Terzi, Alessio, (2015)
-
Changing trade patterns, unchanging European and global governance
O'Neill, Jim, (2014)
- More ...