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literature on environmental innovation and diffusion, with a focus on studies relevant to the development of clean energy …
Persistent link: https://www.econbiz.de/10012462979
While many studies have looked at innovation and adoption of technologies separately, the two processes are linked …
Persistent link: https://www.econbiz.de/10012466550
Given that technologies to significantly reduce fossil fuel emissions are currently unavailable or only available at high cost, technological change will be a key component of any long-term strategy to reduce greenhouse gas emissions. In light of this, the amount of research on the pace,...
Persistent link: https://www.econbiz.de/10012465601
This paper explores the significance of policy-induced technological change for the design of carbon-abatement policies. We derive analytical expressions characterizing optimal CO2 abatement and carbon tax profiles under different specifications for the channels through which technological...
Persistent link: https://www.econbiz.de/10012472308
Personal automobile emissions are a major source of urban air pollution. Many U.S. states control emissions through mandated vehicle inspections and repairs. But there is little empirical evidence directly linking mandated inspections, maintenance, and local air pollution levels. To test for a...
Persistent link: https://www.econbiz.de/10012453747
U.S. carbon dioxide emissions are highly procyclical--they increase during expansions and fall during recessions. Given this empirical fact, we estimate the response of emissions to four prominent technology shocks from the business-cycle literature using structural vector autoregressive...
Persistent link: https://www.econbiz.de/10012456381
fuels and can over or under-incentivize innovation. These results highlight the potential negative efficiency effects of the …
Persistent link: https://www.econbiz.de/10012459025
divestment to combat climate change. Will it work? This chapter explores whether divestment might induce green innovation, a … critical component of transitioning to a cleaner economy. Divestment could theoretically steer innovation by increasing the … investment opportunities. I argue that continuing to invest in dirty industries could drive green innovation conditional on …
Persistent link: https://www.econbiz.de/10014226139
reduces carbon emissions by inducing substitution away from coal. Yet, the natural gas boom discourages innovation directed at …
Persistent link: https://www.econbiz.de/10014372414
of low-carbon energy innovation. These include both improvements in physical capital, such as smart grids to aid … document recent trends in energy innovation and discuss the lessons learnt for policy. We then discuss the potential role for … complementary innovation in both physical capital--using smart grids as an example of how policy can help--and human capital, where …
Persistent link: https://www.econbiz.de/10013361997