Event Information
The next EEU Seminar will be held on Monday the 11th of November at 12:10 – 13:00 in B44.
The seminar will be held by Julius Andersson and he will be presenting on the topic of: Green industrial policy. Julius is an Assistant Professor of Economics at SITE, Stockholm School of Economics. He is currently an associate researcher at the Department of Geography and Environment at London School of Economics.
Title: Industrial Policy and Decarbonization: The Case of Nuclear Energy in France.
Summary: We assess industrial policy’s role in decarbonization by examining the expansion of nuclear energy in France following the 1973 oil crisis. Within a decade, France initiated construction of 51 new reactors. This resulted in a 62 percent reduction in carbon dioxide emissions from electricity and heat production, and over 20 percent reduction in total CO2 emissions. Emission reductions began six years after policy announcement, with an average abatement cost of -$20 per metric ton of CO2. We show that the government’s ability to insulate the policymaking process from opponents was crucial for the political success of the reform.