Artikel

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.

Language
Englisch

Bibliographic citation
Journal: EconPol Forum ; ISSN: 2752-1184 ; Volume: 24 ; Year: 2023 ; Issue: 6 ; Pages: 16-22

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Terzi, Alessio
Fouquet, Roger
Event
Veröffentlichung
(who)
CESifo GmbH
(where)
Munich
(when)
2023

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Terzi, Alessio
  • Fouquet, Roger
  • CESifo GmbH

Time of origin

  • 2023

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