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The Indo Pacific’s green industrial policy race

eastasiaforum.org · 829 words · saved by 1 readers

This is not just a collective race against the climate emergency — it is now a green industrial revolution in which countries compete against each other for leadership of green technologies, industries and supply chains. The outcome of this race will decide the hierarchy of nation states within two decades. It is a battle for dominance over the future of the global economy. The green tech race is

This is not just a collective race against the climate emergency — it is now a green industrial revolution in which countries compete against each other for leadership of green technologies, industries and supply chains. The outcome of this race will decide the hierarchy of nation states within two decades. It is a battle for dominance over the future of the global economy. The green tech race is accompanied by a conceptual shift. ‘Market fundamentalism’ is no longer seen as capable of delivering a structural shift in global industry in time to avoid the climate emergency — especially while…

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