Knowledge Agora



Similar Articles

Title Securing Decarbonisation And Growth
ID_Doc 33404
Authors Zenghelis, D
Title Securing Decarbonisation And Growth
Year 2019
Published National Institute Economic Review, 250.0, 1
Abstract The need to decarbonise the economy in order to slow the pace of climate change is now recognised as one of the most pressing international policy challenges. While the UK cannot by itself materially affect global climate change, it has an opportunity to play an influential role, both by persuading others of the need for action but also by reshaping its domestic economy to benefit from a low-carbon transition. Far from hampering competitiveness, adoption of a coordinated policy approach to climate change today would generate positive benefits for the UK economy, especially if it addresses the multiple market failures that promote pollution and places decarbonisation at the heart of structural economic policy. Desirable strategies would include public support for research, development, and deployment of new technologies, and measures to foster an environment where innovation can rapidly shift the economy from dirty to clean production systems. Focusing UK industrial strategy on securing strong domestic supply chains for green products and services, for example, could help create an early mover advantage in rapidly growing global market sectors. Interventions could include the establishment of a National Infrastructure Bank to support decarbonisation in crucial sectors such as energy and transport, and would also need to encompass measures to assist structural adjustment in affected industries and their workforces.
PDF

Similar Articles

ID Score Article
14789 Barrett, J; Cooper, T; Hammond, GP; Pidgeon, N Industrial energy, materials and products: UK decarbonisation challenges and opportunities(2018)
63440 Somerville, P The continuing failure of UK climate change mitigation policy(2021)Critical Social Policy, 41, 4
33084 Shahzad, S; Faheem, M; Muqeet, HA; Waseem, M Charting the UK's path to net zero emissions by 2050: Challenges, strategies, and future directions(2024)
13213 Rissman, J; Bataille, C; Masanet, E; Aden, N; Morrow, WR; Zhou, N; Elliott, N; Dell, R; Heeren, N; Huckestein, B; Cresko, J; Miller, SA; Roy, J; Fennell, P; Cremmins, B; Blank, TK; Hone, D; Williams, ED; du Can, SD; Sisson, B; Williams, M; Katzenberger, J; Burtraw, D; Sethi, G; Ping, H; Danielson, D; Lu, HY; Lorber, T; Dinkel, J; Helseth, J Technologies and policies to decarbonize global industry: Review and assessment of mitigation drivers through 2070(2020)
63334 James, P Overcoming barriers to low carbon dwellings: The need for innovative models of finance and serviceprovision Original Research Article(2012)
64638 Cantoni, R; Brisbois, MC En route to decarbonization: A periodisation of just transition in four carbon-intensive EU regions(2024)
19297 Bauer, F; Hansen, T; Nilsson, LJ Assessing the feasibility of archetypal transition pathways towards carbon neutrality - A comparative analysis of European industries(2022)
5858 Lamb, KJ; Styring, P Perspectives for the circular chemical economy post COP26(2022)
Scroll