"In the age of ecological breakdown, there is a growing need for ‘green’ industrial policy. However, existing frameworks for green industrial policy fail to address unsustainable growth in energy and resource use in high-income economies. In this sense, they are not adequate to achieve core ecological objectives. This paper fills a gap in the literature by offering a progressive framework for green industrial policy that combines traditional green industrial policy perspectives with insights from ecological economics and literature on post-growth and degrowth. The framework has three key pillars: (1) scale down ecologically harmful industries and sectors to directly reduce energy and resource use; (2) organise production more around public benefit, with greater democratic control and guidance over investment and production; and (3) work towards global ecological justice and enable greater ‘ecological policy space’ for the global South to pursue industrial development. The paper argues that this progressive approach to green industrial policy is necessary due to the scale and urgency of the ecological crisis. The framework shows how productive capacity can be liberated and redirected towards more socially and environmentally beneficial ends, while also democratising control over the economy."
https://www.tandfonline.com/doi/full/10.1080/13563467.2025.2506655#abstract
As Starmer unveils his 10-year plan, here’s my advice: don’t fall into the Joe Biden trap | Sam Alvis https://www.theguardian.com/commentisfree/2025/jun/23/starmer-10-year-plan-joe-biden #Economicgrowth(GDP) #Bidenadministration #Economicrecovery #Industrialpolicy #Economicpolicy #RachelReeves #Economics #Labour #UKnews
UK to cut green levies on businesses in bid to reduce energy costs and boost manufacturing https://www.theguardian.com/business/2025/jun/22/uk-to-cut-green-levies-on-businesses-in-bid-to-reduce-energy-costs-and-boost-manufacturing #Manufacturingsector #Industrialpolicy #RachelReeves #KeirStarmer #Environment #Business #Energy #Labour
1/5
Outlines of an industrial policy programme in the current European politico-economical landscape, for those who take a sustainable ecosocial transformation seriously.
No mainstream sustainability wishful thinking - but real analysis with depth, power, politics and ingenuity.
What Bärnthaler, Mang and Hickel set out to do in their new article is remarkable. And in my judgement the result is exceptionally interesting and inspiring.
https://www.tandfonline.com/doi/full/10.1080/14747731.2025.2501821
Northvolt failure raises stakes for Europe’s battery industry:
“We need this industry in Europe, not to provide 100 per cent, but to provide a significant portion…It’s a critical element of European sovereignty.”
https://www.ft.com/content/63b16b6a-e143-4e2c-ac27-5d3f7a89a41f
@economics @economics-that-works
“An increasing number of Chinese industries are in acute rivalry with high-value American industries, and China’s gains are our losses. The US cannot remain a military superpower without being an industrial superpower.”
Michael Roberts reviews the book: https://thenextrecession.wordpress.com/2025/05/13/geonomics-nationalism-and-trade/
“[Many red-state] voters responded to the most comprehensive attempt to provide concrete benefits to them since the New Deal by loading an economic shotgun and pointing it directly at themselves. The proposed cuts coming out of the House committees [to cut taxes on the rich] has them groping for the trigger.”
#Politics #USPolitics #Economics #InflationReductionActof2022 #BipartisanInfrastructureAct #EconomicSelfSabotage #TrumpTariffTax #IndustrialPolicy
https://prospect.org/politics/2025-05-14-house-republicans-take-aim-red-state-economies/
Focus #AI efforts on Industrial/Agricultural/Medical AI, not LLMs.
Develop a real #IndustrialPolicy, providing state backing where needed for projects of common interest.
Complete the #EuropeanCapitalMarket so startups have access to funding
I'm trying to give a serious hearing to educated people I disagree with, in the hopes of learning new facts or arguments that might change my mind. But OMG, this podcast is like listening to Statler and Waldorf from the Muppet Show talk about economics;
https://www.econtalk.org/why-industrial-policy-is-almost-always-a-bad-idea-with-scott-sumner/
These guys are stuck in the 1980s, having totally missed that most economists have moved on from market fundamentalism.
Why does UK 'industrial policy' actually look like a financial services policy?
Here's a possible reason from Mick McAteer (formerly an FCA director):
'One-third of meetings with Treasury ministers were with representatives of the financial sector, more than any other industry'
And let's just recall that the finance sector accounts for under 10% of overall economic output in the UK.
The tail is wagging the dog!
#FinancialServices #IndustrialPolicy
h/t @openDemocracy
"To succeed, Europe needs a bold industrial strategy that integrates the digital and green transitions. Securing resilient supply chains, investing in renewable energy and clean technologies, and building sovereign digital infrastructures — the EuroStack — are essential and urgent.
Decarbonization is not just a climate goal — it is an economic and security imperative. Yet, despite its urgency, we are failing to meet the targets required to limit warming to 1.5°C (degrees). Emissions hit record highs in 2023, consuming over 10% of the remaining carbon budget. Europe must achieve its Fit for 55 targets of cutting emissions by 55% by 2030 and pursue a 90% reduction by 2040. These targets are non-negotiable, but current efforts are falling short. Uneven global decarbonization adds to the challenge, threatening to undermine Europe’s progress and making it even more critical to accelerate the twin transition."
"Europe’s nascent industrial policy on AI is gaining steady momentum, potentially allocating significant public and private funds and shaping regulatory actions in ways that will set the trajectory for years to come. This effort needs urgent public scrutiny. That is where this report intervenes: to ask hard questions of how resources are allocated, the process by which priorities will be decided, and most fundamentally, to examine the premises underlying its vision. What kind of (digital) future does Europe want? What role can, and should, AI technologies play? And who will have a say in determining these answers? Rather than accept the narrow and poorly defined motivations of competitiveness and sovereignty that dominate conversations about AI, the authors in this collection redirect towards alternative pathways for Europe’s AI industrial policy – challenging concentrated power in the tech industry rather than entrenching it, and foregrounding benefit to the public and the planet."
#EU #Europe #AI #AIPolicy #IndustrialPolicy #PublicInfrastructure
https://ainowinstitute.org/redirecting-europes-ai-industrial-policy
As recently as half a day ago I made my point that praising the #FoodIndustry for their #FoodWaste solutions makes little sense, because creating #ZeroWaste during their production process should be the default expectation in a #CircularEconomy.
https://federate.social/@tundenagybanto/113223137594452807
#IndustrialPolicy #FoodPolicy #ClimateAction ClimateChange #policy #regulation
In the age of #CircularEconomy asking #FoodIndustry to #SelfReport #FoodWaste is such a waste of time and energy TBH. Especially if nobody checks them afterwards whether the reported figures are accurate.
The focus should be on a #ZeroWaste #IndustrialPolicy, especially in the #UK where government committed to #ZeroWasteEconomy.
Self-reporting is extremely flawed and unreliable. Also, allowing any waste in industry is way past its expiry date, it is time to move on.