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Green Technology Adoption, Complexity, and the Role of Public Policy : A Simple Theoretical Model
Dhami, Sanjit - 2023
We consider technology choices between green and brown technologies by firms. We use insights from complexity theory and also take account of true uncertainty in designing public policy. The green technology offers relatively higher returns to scale from adoption, and there are type-contingent...
Persistent link: https://www.econbiz.de/10014358071
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Environmental policy design and the fragmentation of international markets for innovation
Johnstone, Nick; Hascic, Ivan - 2009
environmentally-related taxes and tradable permits is likely to lead to greater technological innovation than more direct forms of … world economy. For a given level of policy stringency, countries with more flexible environmental policies are more likely … aspects of product and labour market regulation which have implications for technological innovation, such as product and …
Persistent link: https://www.econbiz.de/10010266020
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Screening Green Innovation Through Carbon Pricing
Ahlvik, Lassi; den Bijgaart, Inge van - 2022
Green innovation is essential for climate change mitigation, but not all innovative projects deliver equal social value …. We consider innovator heterogeneity in a model where the policy maker cannot observe innovation quality and directly … subsidize the socially most valuable green innovations. We find that carbon pricing works as an innovation screening device …
Persistent link: https://www.econbiz.de/10014077003
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The Transition to Carbon Capture and Storage Technologies
Golombek, Rolf; Kverndokk, Snorre; Greaker, Mads; Ma, Lin - 2021
We model the value chain of Carbon Capture, transport and Storage (CCS) by focusing on the decisions taking by actors involved in either capture, transport or storage of CO2. Plants emitting CO2 are located along a Salop circle. If these invest in carbon capture facilities, the captured CO2 is...
Persistent link: https://www.econbiz.de/10013229700
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Prices vs. Percentages : Use of Tradable Green Certificates as an Instrument of Greenhouse Gas Mitigation
Heimvik, Arild - 2019
The paper analyzes the problem of achieving a target path of emission reductions in the electricity sector, using a scheme of tradable green certificates (TGC). There are two types of generation, renewable and fossil. The latter causes the emissions. The paper also examines effects from emission...
Persistent link: https://www.econbiz.de/10012891574
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The cost of environmental policy under induced technical change
Smulders, Sjak; Di Maria, Corrado - 2012
. The second issue is whether environmental policy increases or decreases total investment and innovation. Even when … rate of innovation, which crowds out production and consumption, and thus makes environmental policy more costly. Finally …
Persistent link: https://www.econbiz.de/10010283615
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Environmental Policy and Renewable Energy in an Imperfectly Competitive Market
Haupt, Alexander - 2023
This paper analyses an electricity market in which a monopolist that employs fossil-fuel base-load and peak-load technologies competes against a fringe of renewable energy (RE) generators. The optimal technology and electricity mix can be decentralised by levying technology-dependent capacity...
Persistent link: https://www.econbiz.de/10014347015
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Migrant Inventors and the Technological Advantage of Nations
Bahar, Dany - 2019
We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …
Persistent link: https://www.econbiz.de/10012867871
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City Size, Pollution and Emission Policies
Pflüger, Michael - 2020
This paper develops a model with an endogenous number of cities to explore whether local governments establish the optimal city size when key activities in the city are associated with emissions that harm consumers. In contrast to extant research, our model is fully micro-founded with respect to...
Persistent link: https://www.econbiz.de/10012827112
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EU ETS and the New Green Paradox
Rosendahl, Knut Einar - 2019
With the new rules of the EU ETS, involving cancellation of allowances, cumulative emissions are no longer fixed but depending on the market outcome. Perino (2018) showed that additional abatement effort can reduce cumulative emissions if it occurs within a few years. This article shows that...
Persistent link: https://www.econbiz.de/10012866399