While the losers from decarbonization are relatively obvious, the winners will be those countries that combine geographic luck with smart action. First movers that develop a national consensus to promote the right ecosystem for green growth are bound to come out ahead.
CAMBRIDGE – We do not expect pineapples to come from Norway or papayas to come from the Sahara Desert. These fruits instead tend to grow in places with lots of sun and water. So, why is it that energy-intensive products like steel come from energy-poor countries like Japan and South Korea?…
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