4min chapter

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Planetary Crisis? Call an Economist! - Ep48: Nick Stern

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

Relocation of Production to Take Advantage of Relaxed Environmental Policies

The only places it makes much difference are in the energy intensive trade exposed sectors. Steel, aluminium, cement, some plastics, that kind of thing. And there, you can't be just dismissive and say it's only five or six industries because those industries actually responsible for quite a lot of carbon emissions. But even cement, people don't move cement around that much because it's so heavy. So it's only a few that really count steel I would put up front as being a particular importance.

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