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Tag Archives: industrial policy

A green industrial policy for Europe

A ‘green industrial policy’ able to promote economic growth, job creation and environmental goals altogether will be fundamental to Europe’s climate change ambitions. The European Green Deal aims to make Europe the first climate-neutral continent by 2050. This is not going to be an easy journey. To be successful, the European Green Deal will have to foster major shifts in the European industrial structure, including transitions from fossil fuels to renewable energy and from combustion engine...

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A green industrial policy for Europe

This Blueprint examines how the European Union can develop a coherent green industrial policy that will serve the goals of the European Green Deal. This Blueprint has been produced with the financial support of the European Climate Foundation. The European Green Deal aims to make Europe the first climate-neutral continent by 2050. This is not going to be an easy journey. To be successful, the European Green Deal will have to foster major shifts in the European industrial structure,...

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The political economy of climate transition

Climate transition is hotly debated in EU circles as it impacts all areas of policy: from the ambitious climate targets set by the President of the European Commission with the European Green Deal, to the discussions of the next budget of the Union and the recovery plan from the current pandemic. The topic is especially important for 2021 with a new US administration more likely to engage on climate change, a commitment for carbon neutrality in 40 years by China and the delayed COP26 under...

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Targeted horizontal industrial policy: green, regional and European

Creating the conditions for the most promising low-carbon sectors to grow is the most efficient way to enable decarbonisation. As sector potential is regional and associated with regions' current strengths in related technologies, policy should aim to boost the growth potential of low-carbon technologies on a regional level. Global decarbonisation has already revolutionised some major economic sectors. In the electricity generation technology market, wind and solar today amount to almost 70%...

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Building a Post-Pandemic World Will Not Be Easy

Both the COVID-19 crisis and the climate crisis highlight the limits of humanity’s power over nature. But while both remind us that the Anthropocene epoch may jeopardize our continued existence, and that benign everyday behavior can result in catastrophic outcomes, such similarities must not obscure crucial differences. PARIS – Die-hard green militants regard it as obvious: the COVID-19 crisis only strengthens the urgent need for climate action. But die-hard industrialists are equally...

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The Sound of Margrethe Vestager

Will AI exacerbate the gap between big companies and small ones? Do ordinary Europeans gain anything from having European tech giants? This week, Nicholas Barrett and Guntram Wolff went to the Berlaymont to interview Margrethe Vestager, the Executive Vice President of the European Commission for a Europe Fit for the Digital Age. By: The Sound of Economics Date: December 19, 2019 Topic: European Macroeconomics & Governance

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How to make the European Green Deal work (Part Two)

Nicholas Barrett and Guntram Wolff discuss industrial policy and the social consequences of the green deal with Grégory Claeys and Simone Tagliapietra.Don’t worry if you missed part one because all of Bruegel’s pillars for a European Green Deal are created equal. This time, Nicholas Barrett and Guntram Wolff discuss industrial policy and the social consequences of the green deal with Grégory Claeys and Simone Tagliapietra. Read the paper in full.

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The Case for Intelligent Industrial Policy

Although national industrial policies have a bad reputation, there is a strong case for government support to sectors that will increasingly rely on artificial intelligence. In this regard, the German government’s plan to promote production of electric-car batteries may accelerate an industrial renaissance in Europe. By: Dalia Marin Date: October 7, 2019 Topic: European Macroeconomics & Governance Earlier this year, German Economy Minister Peter Altmaier unveiled his “National...

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Backstage at BAM19: Designing a competition policy fit for Europe’s needs.

Backstage at the Bruegel Annual Meetings, Rebecca Christie talks with Mathew Heim on competition policy. By: The Sound of Economics Date: September 5, 2019 Topic: Innovation & Competition Policy Should competition policy adjust to current concerns and support industrial policy? How can we contextualise long-run consumer welfare? How can we maintain independence and objectivity in enforcement? In this podcast, Rebecca Christie discusses competition policy, with Mathew Heim.

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The EU needs a bold climate strategy

Scientists report that global temperature increases must be limited to below 1.5 degrees Celsius. With global greenhouse gas emissions continuing to increase and rising temperatures driving up the frequency of extreme weather events, the world needs a greater commitment to climate policy. In order to avert catastrophic climate change for the entire human population, global temperature increases must be limited to below 1.5 degrees Celsius. Scientists have shown that achieving net-zero...

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