Next Generation of US Policies for Industrial Innovation

This briefing from the World Resources Institute outlines the necessity for a next generation of industrial policies in the United States to achieve net zero emissions, noting that the industrial sector is projected to be the highest emitting sector by 2030.

• The industrial sector currently accounts for 23% of U.S. greenhouse gas emissions, rising to 30% when electricity use is included. It is projected to become the highest emitting sector in the United States by 2030.
• Decarbonizing the industrial sector by 2050 will require investments estimated by the U.S. Department of Energy to be between $700 billion and $1.1 trillion. This amount is 5 to 10 times greater than the funding provided by the Bipartisan Infrastructure Law and the Inflation Reduction Act, and 60% of the required technologies are either still under development or not yet developed.
• To secure the future of U.S. industries and speed decarbonization, the document proposes a combination of three policy categories: tax credits, subsidies, and grants to reduce emissions intensity; demand-side levers to create markets for low-carbon products; and market-based mechanisms to disincentivize emissions-intensive processes.

APA

World Resources Institute (2024). Next Generation of US Policies for Industrial Innovation. https://www.wri.org/research/next-generation-us-policies-industrial-innovation

Chicago

World Resources Institute. Next Generation of US Policies for Industrial Innovation. 2024. https://www.wri.org/research/next-generation-us-policies-industrial-innovation.

Wikipedia

{{cite report |author=World Resources Institute |title=Next Generation of US Policies for Industrial Innovation |date=December 2024 |url=https://www.wri.org/research/next-generation-us-policies-industrial-innovation |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitute2024next, author = {{World Resources Institute}}, title = {{Next Generation of US Policies for Industrial Innovation}}, institution = {World Resources Institute}, year = {2024}, month = dec, url = {https://www.wri.org/research/next-generation-us-policies-industrial-innovation}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }