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Carbon Capture Utilization and Storage (CCUS) stands as a pivotal technology crucial for achieving the most ambitious climate objectives. Despite its prominent inclusion in energy mix projections, its current deployment falls short of the requisite level. Additionally, uncertainties surrounding...
Persistent link: https://www.econbiz.de/10014438553
This paper applies the Directed Technical Change (DTC) framework to study improvements in the efficiency of energy use. We present a theoretical model which (1) shows that the demand for energy is shifted down by innovations in energy intensive sectors and (2) highlights the drivers of...
Persistent link: https://www.econbiz.de/10011334550
This paper analyzes the effect of environmental policies on the direction of energy innovation across countries over … second regime, market-based policies are moderately effective in promoting renewable innovation, while command …-and-control policies depress fossil based innovation. Finally, market-based policies are more effective to consolidate a green comparative …
Persistent link: https://www.econbiz.de/10011794506