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Public investment must be paired with regulation to stop climate change

Public investment must be paired with regulation to stop climate change

Report

Climate policy has entered a new era as public investment increasingly moves to center stage. While essential for decarbonization, public investment is not enough—the carrots of investment need to go hand in hand with regulatory sticks. Drawing on the experience of late industrializers with “reciprocal control mechanisms,” this report advances our understanding of how to tie climate requirements to public investment.

Why Nations Lead or Lag in Energy Transitions

Why Nations Lead or Lag in Energy Transitions

Journal article

Russia’s invasion of Ukraine has disrupted energy markets, producing price spikes reminiscent of the 1970s. Many suggest that the crisis may accelerate transitions away from fossil fuels and reduce greenhouse gas (GHG) emissions. Yet, governments have responded very differently to the price shock. Though some are prioritizing clean energy, others are doubling down on fossil fuel production. Why do countries respond so differently to the same problem?

Energy Innovation Funding and Institutions in Major Economies

Energy Innovation Funding and Institutions in Major Economies

Journal Article

Public funding and institutions for energy innovation are critical to achieving climate goals, but our understanding of their evolution, variation, and drivers is limited. Meckling et al. compile funding and institutional data across major economies and examine how they changed after the financial crisis, Mission Innovation and expanded competition with China. 

The Climate Advocacy Gap

The Climate Advocacy Gap

Journal article

Given the importance of advocacy for climate policy development, we ask how climate mitigation advocacy is distributed across US states. Specifically, we examine whether pro-climate groups—both environmental groups and clean energy interests—are concentrated where the politics are most opportune or the emissions are greatest.

Making Industrial Policy Work For Decarbonization

Making Industrial Policy Work For Decarbonization

Journal article

Industrial policy has begun to move into the center of debates on climate policy. This represents a shift away from climate policy as we know it—as classic environmental policy. Industrial policy and environmental policy differ in their policy goals, policy instruments, and distributional effects […]. This raises questions about policy interactions between industrial and environmental policy in broader climate policy mixes and how these affect global decarbonization.