Rogge, Karoline; Schneider, Malte; Hoffmann, Volker H. - 2010
This paper provides a comprehensive analysis of how the European Emission Trading System (EU ETS) as the core climate … policy instrument of the European Union has impacted innovation. Towards this end, we investigate the impact of the EU ETS on … from June 2008 until June 2009. We find that the innovation impact of the EU ETS has remained limited so far because of the …