A Policy Agenda That Can Work

This chapter discusses the need for effective industrial policies to achieve a successful clean energy transition. A variety of specific policy tools will be needed to create large and stable clean energy markets and cheap and accessible financing for clean energy investors. The chapter also discusses how the clean energy transformation will create new opportunities for alternative ownership forms, including public ownership, community ownership and small-scale private companies. It considers the differential impacts on countries that are presently fossil fuel exporters versus importers. Prospects can be favorable even with fossil fuel exporters through enabling them to escape the ‘resource curse.’ The chapter concludes by arguing that “de-growth” is not a viable strategy for achieving climate stabilization.