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The Monopolistic Polluter Under Environmental Liability Law : Incentives for Abatement and R&D
Endres, Alfred - 2013
This paper analyzes the output, abatement, and investment decisions made by a monopolistic polluter under environmental liability law. The model applied considers both integrated and end-of-pipe abatement technologies. We find that in the case of fixed technology, in many instances negligence...
Persistent link: https://www.econbiz.de/10013092076
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Optimal Monitoring to Implement Clean Technologies when Pollution is Random
Macho-Stadler, Ines; Pérez-Castrillo, David - 2021
We analyze a model where firms chose a production technology which, together with some random event, determines the final emission level. We consider the coexistence of two alternative technologies: a "clean" technology, and a "dirty" technology. The environmental regulation is based on taxes...
Persistent link: https://www.econbiz.de/10013317105
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Is Emission Intensity or Output U-Shaped in the Strictness of Environmental Policy?
Dijkstra, Bouwe - 2014
In a model where firms face a continuous choice of how much to invest in environmental innovation, we show that an ever …
Persistent link: https://www.econbiz.de/10013051606
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What Should We Expect from Innovation? A Model-Based Assessment of the Environmental and Mitigation Cost Implications of Climate-Related R&D
Bosetti, Valentina - 2013
This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can … innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies … technical progress in the energy sector. We evaluate a range of innovation policies, both as a stand-alone instrument and in …
Persistent link: https://www.econbiz.de/10013094894
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Compliance Technology and Self-Enforcing Agreements
Harstad, Bård - 2015
We analyze a repeated game in which countries are polluting as well as investing in technologies. While folk theorems point out that the first best can be sustained as a subgame-perfect equilibrium when the players are sufficiently patient, we derive the second best equilibrium when they are...
Persistent link: https://www.econbiz.de/10013011799
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Green Technology Adoption and the Business Cycle
Bourgeon, Jean-Marc - 2017
We analyze the adoption of green technology in a dynamic economy affected by random shocks where demand spillovers are the main driver of technological improvements. Firms' beliefs and consumers' anticipations drive the path of the economy. We derive the optimal policy of investment subsidy and...
Persistent link: https://www.econbiz.de/10012953960
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The Cost of Environmental Policy Under Induced Technical Change
Smulders, Sjak - 2013
. The second issue is whether environmental policy increases or decreases total investment and innovation. Even when … stricter environmental policy induces some pollution-saving technological change, it may do so at the cost of a reduced overall … rate of innovation, which crowds out production and consumption, and thus makes environmental policy more costly. Finally …
Persistent link: https://www.econbiz.de/10013090604
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Climate Treaties and Backstop Technologies
Barrett, Scott - 2013
In this paper I examine the design of climate treaties when there exist two kinds of technology, a conventional abatement technology with (linearly) increasing marginal costs and a backstop technology (“air capture”) with high but constant marginal costs. I focus on situations in which...
Persistent link: https://www.econbiz.de/10013094860
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Technology Transfers for Climate Change
Elsayyad, May - 2014
This paper considers investments in cost-reducing technology in the context of contributions to climate protection. Contributions to mitigating climate change are analyzed in a two-period model where later contributions can be based on better information, but delaying the contribution to the...
Persistent link: https://www.econbiz.de/10013060972
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International Cooperation on Climate-Friendly Technologies
Golombek, Rolf; Hoel, Michael - 2021
We examine international cooperation on technological development as a supplement to, or an alternative to, international cooperation on emission reductions. R&D should be increased beyond the non-cooperative level if (i) the technology level in one country is positively affected by R&D in other...
Persistent link: https://www.econbiz.de/10013316360