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The green capitalist state in the Global North is a derisking state!

in a new paper, I examine the political embrace of derisking in European/US green industrial policy, and consider the implications for decarbonisation.
osf.io/preprints/soca… Image
derisking has mutated from co-producing investible infrastructure to investible productive capacity;
- that is precisely how the European Commission @ThierryBreton thinks of it Image
I elaborate the concept of the derisking state in response to (valid) critique about its limitations, specify the structural constraints that render the post-neoliberal (@zeithistoriker) state a derisking state Image
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