The Bulletin of the Institute of Economics of the Russian Academy of Sciences № 3/2026. World Economy and international economic relations.
JATS XML
Anna S. Garaeva
Master’s and Postgraduate Student of the Integrated Track, Engineer of the Department of Political Economy, Faculty of Economics, Lomonosov Moscow State University, Moscow, Russia
ORCID: 0009-0006-4880-5707
NEW IMPERATIVES OF THE US GREEN INDUSTRIAL POLICY
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345.79 KB |
The article analyzes the development of green industrial policy as a new form of industrial policy that integrates environmental sustainability objectives with technological development. It systematizes contemporary approaches to defining the concept of «green» industrial policy, its goals, implementation mechanisms, institutions and instruments. The United States is examined as a key case of a large-scale national model of green industrial policy. The study identifies a recent transformation in the US policy framework, marked by a transition from the infrastructure phase of support for «green» industries, focused on large-scale subsidies and demand stimulation, which was characteristic of President J. Biden, to a market model that makes greater use of competition mechanisms, which will be implemented under President D. Trump (since 2025). The analysis demonstrates that this shift does not represent a rollback of the green agenda but rather the emergence of a new phase in which subsidies are time-limited and green industries are expected to remain competitive without long-term state support. The article concludes that environmental objectives are increasingly embedded within the processes of structural economic transformation.
Keywords: green industrial policy, structural transformation, environmental regulation, decarbonization, technological sovereignty, Inflation Reduction Act, One Big Beautiful Bill Act.
JEL: F50, L52, O25
EDN: GAUJSW
DOI: https://doi.org/10.52180/2073-6487_2026_3_179_201
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Manuscript submission date: 10.02.2026
Manuscript acceptance date: 28.05.2026
For citation:
Garaeva A.S. New imperatives of the US green industrial policy // Vestnik Instituta Ekonomiki Rossiyskoy Akademii Nauk. 2026. № 3. Pp. 179-201. (In Russ.). https://doi.org/10.52180/2073-6487_2026_3_179_201 EDN: GAUJSW



179-201
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