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This paper studies how innovation reacts to climate change and shapes its economic impacts, focusing on US agriculture …. We show in a model that directed innovation can either mitigate or exacerbate climate change's economic damage depending …. We first find that innovation has re-directed toward crops with increasing extreme-temperature exposure and show that …
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politically acceptable cost. Substantial technological innovation is required if the nations of the world are to come anywhere … technologies nor traditional command-and-control regulations are likely to spur sufficient innovation. Technology inducement prizes …, on the other hand, have the potential to incentivize and accelerate the rate of technological innovation in the energy …
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the social value of new technologies depends on how novel knowledge fuels practical solutions, we take an innovation … production of knowledge, (ii) technological innovation, and (iii) policy discussion. Taking as counterfactual scientific advances …
Persistent link: https://www.econbiz.de/10013256957
To mitigate climate change in an accelerated time frame, more research is needed to understand how to achieve effective large-scale diffusion of low-carbon innovations. The conceptualization of sectoral socio-technical system transitions requires extending beyond an economic and technological...
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that science, technology, innovation, and industrial (STI&I) policies focusing on developing and deploying low …-carbon technologies are crucial to achieving carbon neutrality. It notes however that the current level of innovation is insufficient to … recommendations for an effective innovation policy for net-zero, including its interaction with the broader climate policy package. …
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