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Story perspectives

Decarbonization Research Urgently Needed for Economic Impact

10/29/2025

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Story summary
  • The industrial sector accounts for about 25% of global carbon dioxide emissions.
  • Yale University economists say research on decarbonization's economic impacts is lacking and must study effects on jobs, wages, and trade.
  • The Inflation Reduction Act and the European Green Deal offer opportunities for foundational research.
  • Data acquisition remains challenging due to market competition, underscoring the need for cross-industry partnerships.