Åsa Löfgren, Lassi Ahlvik, Inge van den Bijgaart, Jessica Coria, Jūratė Jaraitė, Filip Johnsson, Johan Rootzén
{"title":"Green industrial policy for climate action in the basic materials industry","authors":"Åsa Löfgren, Lassi Ahlvik, Inge van den Bijgaart, Jessica Coria, Jūratė Jaraitė, Filip Johnsson, Johan Rootzén","doi":"10.1007/s10584-024-03801-7","DOIUrl":null,"url":null,"abstract":"<p>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.</p>","PeriodicalId":10372,"journal":{"name":"Climatic Change","volume":"55 1","pages":""},"PeriodicalIF":4.8000,"publicationDate":"2024-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Climatic Change","FirstCategoryId":"93","ListUrlMain":"https://doi.org/10.1007/s10584-024-03801-7","RegionNum":2,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENVIRONMENTAL SCIENCES","Score":null,"Total":0}
引用次数: 0
Abstract
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.
期刊介绍:
Climatic Change is dedicated to the totality of the problem of climatic variability and change - its descriptions, causes, implications and interactions among these. The purpose of the journal is to provide a means of exchange among those working in different disciplines on problems related to climatic variations. This means that authors have an opportunity to communicate the essence of their studies to people in other climate-related disciplines and to interested non-disciplinarians, as well as to report on research in which the originality is in the combinations of (not necessarily original) work from several disciplines. The journal also includes vigorous editorial and book review sections.