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How Sweden Built the World's Most Productive Industry Decarbonization
Episode 86 of The Productivity Podcast digs into an unlikely productivity story: Swedish industrial decarbonization. Since 2015, Sweden has cut its industrial carbon emissions by 35 percent while expanding manufacturing output by 12 percent — a decoupling most economists thought impossible. Lucas and Luna unpack the specific policies and technologies behind this shift: the carbon tax that started at 30 euros per ton in 1991 and now sits at 120 euros, the HYBRIT project that made fossil-free steel a commercial reality, and the district heating networks that turn industrial waste heat into…
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