Summary
The document advocates for a strategic US industrial policy to transition the energy economy from fossil fuels to low-carbon solutions. It suggests leveraging a green stimulus package and public-private partnerships, citing historical successes like Sematech and ARPA-E, to compete with China, Europe, and Japan in sectors such as solar, batteries, and offshore wind.
Key insights
- The United States requires a coordinated industrial policy to prioritize new technologies over high-carbon ones, which could result in millions of jobs, improved health, and enhanced economic competitiveness.
- The author proposes using a green stimulus package for COVID recovery to drive industrial transformation through a public-private partnership model, which can generate economic benefits exceeding the initial investment.
- Historical examples of successful US government-industry collaboration include Sematech, which reduced chip miniaturization cycles from three years to two, and ARPA-E, which supports early-stage energy innovation.
- The US has lost leadership in solar and battery manufacturing to China and in offshore wind to Europe, partly due to a lack of policies to retain manufacturing and an ideological adherence to an "all of the above" energy policy.
- To achieve a sustainable energy future, the US must agree on a vision centered on clean, electric solutions, move past ideology, and ensure a just transition for all communities.
Cite the original document
- APA
- RMI (2021). A New Dawn. https://rmi.org/resources/a-new-dawn/
- Chicago
- RMI. A New Dawn. 2021. https://rmi.org/resources/a-new-dawn/.
- Wikipedia
- {{cite press release |author=RMI |title=A New Dawn |date=20 January 2021 |url=https://rmi.org/resources/a-new-dawn/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{rmi2021new, author = {{RMI}}, title = {{A New Dawn}}, publisher = {RMI}, year = {2021}, month = jan, url = {https://rmi.org/resources/a-new-dawn/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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