Building a scalable climate coalition for heavy industry

Q: What does this research mean for the field?

A scalable climate coalition for heavy industry can reduce emissions with minimal impact on production while generating billions in public revenues. Novelty: ClaimNovelty.INCREMENTAL. Consensus alignment: ConsensusAlignment.NEUTRAL.

Catherine Wolfram; Joseph Aldy; Candido Bracher; Gregory Casey; Vaibhav Chaturvedi; KIMBERLY CLAUSING; Carolyn Fischer; Christian Gollier; Allan Hsiao; Frank Jotzo; Marcelo Medeiros; Kyle Meng; Athiphat Muthitacharoen; Axel Ockenfels; Mari Pangestu; Marilyn Pereboom; Arathi Rao; Ivan Rudik; Daouda Sembene; Naomi Shimberg; E. Somanathan; Dustin Tingley; Jennifer Winter

doi:10.1126/science.aef7190

Key Points

To evaluate how establishing a scalable climate coalition among heavy industrial producers can curb greenhouse gas emissions while preserving economic output and raising public funds.
Modeled the implementation of a scalable multilateral climate coalition targeting heavy industry sectors.
Assessed trade-offs between industrial output stability, emission abatement rates, and fiscal revenue streams.
Heavy industrial emissions decrease substantially without causing significant negative impacts on production volumes.
Cooperative policy implementation yields billions of dollars in new public revenues.

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Implication

Policy analysis demonstrates viable emissions cuts in heavy industry with minimal output loss, highlighting opportunities for substantial public revenue generation.

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Wolfram et al. (2026) studied this question.

synapsesocial.com/papers/6a9bd4536b95aff0620ebf62 https://doi.org/10.1126/science.aef7190

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Building a scalable climate coalition for heavy industry

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Implication

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Building a scalable climate coalition for heavy industry

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Implication

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