This paper explores the implications of climate change for industrial policy (IP). Five implications are discussed, namely the need for international coordination of IPs; for putting human development, and not emission targets, as the overriding objective of low-carbon IP; of stimulating...

International climate negotiations have been hamstrung by a dispute over whether a handful of developed countries have "historical responsibility" for climate change. The thesis rests on the presumed fact that a small number of early-industrializing nations (the "accused" countries) emitted an...