This paper explores how a principal with time-inconsistent preferences invests optimally in technology or capital. If the current principal prefers her future self to save more, she can increase current investments complementary to future savings and decrease investments in the strategic...

We examine the impact of an optimal emissions tax on research and development of emission reducing green technology (E-R&D) in the presence of R&D spillovers. We show that the size and effectiveness of the optimal emissions tax depends on the type of the R&D spillover: input or output spillover....

Chapter 1. Exploring road to carbon neutrality: Crossroads between the past and next 40 years -- Chapter 2. Carbon neutrality: Innovation and fairness -- Chapter 3. Is there a unified carbon price for all industries? -- Chapter 4. Green finance: Clarifying functions and capacity -- Chapter 5....

The transition to a green technology is central to environmental policy. During such a transition, technology and market structure often change simultaneously, as firms developing the new technology enter the market of incumbents supplying the old one. This leads to the questions how...

The goal of the paper is to elaborate an empirical overview of green technological development in European regions. This is a timely pursuit considering the ambitious commitments stipulated in the recent European Green Deal to achieve climate neutrality by 2050. Our analysis is organised in...

Sustainable technology is a rather new subject in sustainability which is paying academics’ attention recently. This article provides a bibliometric review of sustainable technology studies in the sustainability area. Data from the Web of Science (WoS), database relating to 1122 publications...