How aligned are industry strategy and government policy for the decarbonization of energy-intensive process industries?
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How aligned are industry strategy and government policy for the decarbonization of energy-intensive process industries? / Hansen, Teis; Andersson, Johnn; Finstad, Jørgen; Hanson, Jens; Hellsmark, Hans; Mäkitie, Tuukka; Nordholm, Amber; Steen, Markus.
In: Climate Policy, 13.06.2024.Research output: Contribution to journal › Journal article › Research › peer-review
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T1 - How aligned are industry strategy and government policy for the decarbonization of energy-intensive process industries?
AU - Hansen, Teis
AU - Andersson, Johnn
AU - Finstad, Jørgen
AU - Hanson, Jens
AU - Hellsmark, Hans
AU - Mäkitie, Tuukka
AU - Nordholm, Amber
AU - Steen, Markus
N1 - Publisher Copyright: © 2024 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
PY - 2024/6/13
Y1 - 2024/6/13
N2 - Decarbonization of energy-intensive process industries (EPIs) is a central unresolved challenge for limiting global warming to 1.5°C or well-below 2°C. In this article, we investigate the alignment between government policy and applicable industry strategy in decarbonization efforts across six European countries–Denmark, Germany, Netherlands, Norway, Sweden and the United Kingdom. We distinguish between ‘target alignment’ (How comparable are the size of the emission reduction commitments?), ‘temporal alignment’ (How closely do the timelines match?) and ‘solution alignment’ (Are the same types of solutions prioritized?). Based on an analysis of national policy documents, company strategies of the 10 largest emitting EPI plants in each country, as well as secondary sources, we find high target alignment. However, we find substantially lower temporal alignment as emitters are reluctant to commit to intermediate targets that match the decarbonization timelines laid out in national government policy. Solution alignment is intermediate across all six countries as emitters generally pursue the decarbonization options prioritized in policy, but with most emitters remaining at the level of ambitions or plans and few examples of commercial investments so far.
AB - Decarbonization of energy-intensive process industries (EPIs) is a central unresolved challenge for limiting global warming to 1.5°C or well-below 2°C. In this article, we investigate the alignment between government policy and applicable industry strategy in decarbonization efforts across six European countries–Denmark, Germany, Netherlands, Norway, Sweden and the United Kingdom. We distinguish between ‘target alignment’ (How comparable are the size of the emission reduction commitments?), ‘temporal alignment’ (How closely do the timelines match?) and ‘solution alignment’ (Are the same types of solutions prioritized?). Based on an analysis of national policy documents, company strategies of the 10 largest emitting EPI plants in each country, as well as secondary sources, we find high target alignment. However, we find substantially lower temporal alignment as emitters are reluctant to commit to intermediate targets that match the decarbonization timelines laid out in national government policy. Solution alignment is intermediate across all six countries as emitters generally pursue the decarbonization options prioritized in policy, but with most emitters remaining at the level of ambitions or plans and few examples of commercial investments so far.
KW - Decarbonization
KW - energy-intensive process industry
KW - industry strategy
KW - policy
KW - policy alignment
KW - sustainability transitions
U2 - 10.1080/14693062.2024.2363490
DO - 10.1080/14693062.2024.2363490
M3 - Journal article
AN - SCOPUS:85195976287
JO - Climate Policy
JF - Climate Policy
SN - 1469-3062
ER -
ID: 396405895