The more ambitions industrial policy becomes, the harder it will be for politicians to exercise the control advocates say is needed. Many governments, including America’s, also want industrial policy to bolster national security, for instance. Taken together, such aims risk an almighty mess. Politicians across the rich world agree that industrial policy wheezes which aim to alter the structure of the economy by boosting particular sectors deserves to make a comeback. Just about all agree that it should focus on climate change. climate policy seeks lower emissions and the prevention of global warming. Marrying two aims often means neither is done well. A firm could deliver good jobs while not being any greener than its competitors. Is that a failure or a success and do you think that going green is just on papers ?

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