Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/281154 
Year of Publication: 
2023
Citation: 
[Journal:] EconPol Forum [ISSN:] 2752-1184 [Volume:] 24 [Issue:] 6 [Year:] 2023 [Pages:] 16-22
Publisher: 
CESifo GmbH, Munich
Abstract: 
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.
Document Type: 
Article

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