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...

In the first two years of the Biden Presidency, Congress passed three massive funding bills, which poured hundreds of billions of dollars into clean energy infrastructure, R&D, and deployment. Although the direct effect of these laws will be dramatic, this article focuses on positive feedbacks...