April 11, 2024
AnalysisThe Electric Vehicle Developmental State
BYD exemplifies transformations in Chinese industrial policy
The rise of the Chinese EV industry has been enabled not only by generous government subsidies but also by profound changes in strategy and organization, and in particular by a distinctive revival of vertical integration—at both individual firm and national…
June 18, 2021
InterviewsInvestment and Decarbonization
A conversation on investment strategies for the green transition
In late March, the Biden administration announced the $2 trillion American Jobs Plan, with approximately half of the sum dedicated to fighting the climate crisis. While the legislation would mark a sea change in federal action to avert climate catastrophe,…