Class & Climate: Green Industrial Policy with Jim Stanford and Hadrian Mertins-Kirkwood
Jim Stanford and Hadrian Mertins-Kirkwood define what green industrial policy is and explain why it’s having a renaissance in the middle of the Trump trade war.
Jim Stanford and Hadrian Mertins-Kirkwood define what green industrial policy is and explain why it’s having a renaissance in the middle of the Trump trade war.
Across Canada, public investments totalling $188 billion over five years in these key priorities are urgently needed to drive a prosperous green transformation.
Steering markets towards achieving societally relevant goals is the reason to have an industrial policy in the first place. While policymakers must monitor international changes and adapt accordingly, an effective green industrial policy must be more than a short-term response to American policy actions.
La politique industrielle devrait être conçue de manière à favoriser l’atteinte des objectifs sociétaux pertinents du Canada et non de manière défensive face aux événements qui se déroulent aux États-Unis.
A Green New Deal in Canada will be a much more powerful tool for good job creation if twinned to an industrial strategy. But this will require a government prepared to push the limits and challenge the current rules of the game.
Articulating a new vision for a more secure and equal society is needed to create the right political conditions for unlocking the potential of green energy technologies.
Green New Deal architects need to bring together the political coalition they need to be the change they want.