Green industrial planning has emerged as a strategic priority in key nodes of the US government. Most striking is the recent invocation of the Defense Production Act (DPA) for clean energy. This new context provides opportunities to institutionalize key capacities and deliver deep decarbonization.
E3G has released a briefing paper titled “The Political Economy of US Green Industrial Planning: Building State Capacity for Deep Decarbonization”. This briefing outlines the opportunities to embed deep decarbonization, as well as the risks. It concludes with recommendations for three priority capacities to build: public financing and asset management; supply chain and productive capacity monitoring; and formalized sectoral investment targeting and coordination.
The paper can be read here