Ergen, Timur; Schmitz, Luuk - In: Regulation & Governance 19 (2025) 2, pp. 383-398
Decarbonization forces societies to cope with the restructuring and outright unwinding of assets, firms, workers, industries, and regions. We argue that this problem has created legitimacy for industrial policies managing the reallocation of resources. We illustrate this dynamic by documenting...