All nations need to develop low-carbon economies in order to rescue the planet from climate change and create a sustainable future. There is a strong industrial relations component that to date has largely been overlooked. There are three elements that limit the social actors from reaching a consensus. First is the absence of leadership and an agreed agenda and policy regime for adjustment globally and across many countries as manifested by the failure to reach an agreement at Copenhagen. Second is the lack of detailed policies and institutions in some countries to facilitate adjustment and provide a framework to bring the social partners together. Third, in some countries a neo liberal policy agenda has removed or modified the very institutions that could have supported the attainment of a consensus over structural adjustment.
Indian Journal of Industrial Relations Vol. 45, Issue 4, p. 522-538