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Rethinking the European Green Deal

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  • Mario Pianta
  • Matteo Lucchese

Abstract

The European Green Deal (EGD), launched by the European Commission in December 2019, is a major policy package addressing climate change and aiming at a “just and inclusive†transition. Several shortcomings can be identified in the EGD: it lacks a vision of a just, post-carbon economy for Europe; available resources are inadequate to reach stated objectives; and implementation tools are limited. We argue that making Europe’s production systems carbon neutral would require a broader range of “green†industrial policies that need to jointly address environmental sustainability, structural change, and fairness of economic outcomes in Europe.

Suggested Citation

  • Mario Pianta & Matteo Lucchese, 2020. "Rethinking the European Green Deal," Review of Radical Political Economics, Union for Radical Political Economics, vol. 52(4), pages 633-641, December.
    • Handle: RePEc:sae:reorpe:v:52:y:2020:i:4:p:633-641
    DOI: 10.1177/0486613420938207
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    References listed on IDEAS

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    1. Mario Pianta & Matteo Lucchese & Leopoldo Nascia, 2020. "The policy space for a novel industrial policy in Europe," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 29(3), pages 779-795.
    2. William Lazonick & Mariana Mazzucato, 2013. "The risk-reward nexus in the innovation-inequality relationship: who takes the risks? Who gets the rewards ?," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(4), pages 1093-1128, August.
    3. Dani Rodrik, 2014. "Green industrial policy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 30(3), pages 469-491.
    4. Servaas Storm, 2020. "The EUÕs Green Deal: Bismarck`s `what is possible` versus Thunberg`s `what is imperative`," Working Papers Series 117, Institute for New Economic Thinking.
    5. Fred Block & Matthew R. Keller & Marian Negoita, 2020. "Network Failure and the Evolution of the US Innovation System," Journal of Industry, Competition and Trade, Springer, vol. 20(2), pages 235-247, June.
    6. Grégory Claeys & Simone Tagliapietra & Georg Zachmann, 2019. "How to make the European Green Deal work," Policy Contributions 33125, Bruegel.
    7. David Bailey & Amy Glasmeier & Philip R Tomlinson, 2019. "Industrial policy back on the agenda: putting industrial policy in its place?," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 12(3), pages 319-326.
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    Cited by:

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    3. Manav Khanna & Natalia Marzia Gusmerotti & Marco Frey, 2022. "The Relevance of the Circular Economy for Climate Change: An Exploration through the Theory of Change Approach," Sustainability, MDPI, vol. 14(7), pages 1-18, March.
    4. Aleksandra Kozłowska-Woszczycka & Katarzyna Pactwa, 2022. "Social License for Closure—A Participatory Approach to the Management of the Mine Closure Process," Sustainability, MDPI, vol. 14(11), pages 1-26, May.
    5. Chakraborty, Saptorshee Kanto & Mazzanti, Massimiliano, 2021. "Renewable electricity and economic growth relationship in the long run: Panel data econometric evidence from the OECD," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 330-341.
    6. Florina Pinzaru & Alina Mihaela Dima & Alexandra Zbuchea & Zoltan Veres, 2022. "Adopting Sustainability and Digital Transformation in Business in Romania: A Multifaceted Approach in the Context of the Just Transition," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(59), pages 1-28.
    7. Piotr Żuk & Paweł Żuk, 2021. "On the Socio-Cultural Determinants of Polish Entrepreneurs’ Attitudes towards the Development of Renewable Energy: Business, Climate Skepticism Ideology and Climate Change," Energies, MDPI, vol. 14(12), pages 1-16, June.
    8. Odysseas Christou, 2021. "Energy Security in Turbulent Times Towards the European Green Deal," Politics and Governance, Cogitatio Press, vol. 9(3), pages 360-369.
    9. Christoph Schneider & Niko Wilke & Andreas Lösch, 2022. "Contested Visions for Transformation—The Visions of the Green New Deal and the Politics of Technology Assessment, Responsible Research and Innovation, and Sustainability Research," Sustainability, MDPI, vol. 14(3), pages 1-15, January.
    10. Vlad STOICESCU & Catalin VRABIE & Teodora BITOIU, 2023. "Energy ecosystems layered over hydrogen valleys for sustainable smart communities. Strategic framework for the Green Deal Industrial Plan implementation in Romania," Smart Cities International Conference (SCIC) Proceedings, Smart-EDU Hub, Faculty of Public Administration, National University of Political Studies & Public Administration, vol. 11, pages 443-498, June.

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