New Foreign Affairs article on IRA rollback, climate policy coalitions
Nils Kupzok
Dear GEP community,
I thought some of you might be interested in my new article for Foreign Affairs. I argue that, despite stark GOP cuts to clean energy subsidies, the IRA’s climate strategy still offers the most promising path to building a political coalition that stands a chance of sustaining decarbonization, even if slower than needed and hoped.
I provide insights on how the IRA, and similar green industrial policies worldwide, mobilized the largest climate policy coalitions in history, bringing together environmentalists, “green” industries, and decarbonizable industries that "could be green” within a decade or two. I also share potential lessons for more resilient climate policies next time (and what not to learn from the rollback!).
Looking forward to hearing your thoughts, comments. As with any Foreign Affairs piece, I couldn’t acknowledge through citations all the intellectual debts behind this article, most of which are owed to members of this listserv, to whom I owe special thanks.
Best,
Nils
2025. Green macrofinancial bargains: how economic interests enable and limit climate action. RIPE (with Jonas Nahm).
2024. The decarbonization bargain: how the decarbonizable sector shapes climate politics. Perspectives on Politics (with Jonas Nahm).
2024. The crossover between climate politics and central banking: how green central banking emerged in the US, the EU, and the UK. Politics & Society (with Nicolas Jabko).
2024. Indirect responsiveness and green central banking. JEPP (with Nicolas Jabko).