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. Though concentrating solar power is receiving growing interest, innovation studies so far have explored innovative activity … more activity - a pattern closely resembling the R&D support path. R&D and innovation are concentrated in few high …-tech countries - such as the U.S. or Germany. Large CSP potential is not a sufficient condition for innovation, only developed …
Persistent link: https://www.econbiz.de/10014193728
. At the same time, these measures could also foster innovation, generate fiscal revenues and dampen inflationary pressures …
Persistent link: https://www.econbiz.de/10012521147
Inspired by empirical evidence from the oil market, we build a model of an oligopoly facing a fringe as well as competition from renewable resources. We explore different subclasses of HARA utility functions (Cobb-Douglas, power and quadratic utility) to check the robustness of results found in...
Persistent link: https://www.econbiz.de/10012821908
We show that, in a model without commitment to future policies, geoengineering breakthroughs can have adverse environmental and welfare effects because they change the (equilibrium) carbon taxes. In our model, energy producers emit carbon, which creates a negative environmental externality, and...
Persistent link: https://www.econbiz.de/10011820231
There is a large number of regional agreements concerning Greenhouse Gas (GHG) emissions, often linked to other regional integration agreements. The most successful one in making effort in reducing carbon emissions is the Emission Trading System by the European Union (EU ETS). Apart from this...
Persistent link: https://www.econbiz.de/10010330032
We show that a technological breakthrough that reduces CO2 emissions per output can exacerbate the climate change problem: countries may respond by raising their emissions resulting in an increase of the stock of pollution that may reduce welfare. Using parameter values based on empirical...
Persistent link: https://www.econbiz.de/10010279422
Integrated assessment models (IAMs) provide key inputs to decision-makers on economically efficient climate policies, and technical change is one of the key assumptions in any IAM that estimates mitigation costs. We conduct a systematic survey of how technical change is currently represented in...
Persistent link: https://www.econbiz.de/10014534381
Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human Development Reports, to include not only consumption, but...
Persistent link: https://www.econbiz.de/10010318844
In this paper, we examine the similarities and the differences between two global problems, the Coronavirus pandemic and climate change, and the extent to which the experience with the Covid19 pandemic can be of use for tackling climate change. We show that both problems share the same...
Persistent link: https://www.econbiz.de/10012546059
How much should governments subsidize the development of new clean technologies? We use patent citation data to investigate the relative intensity of knowledge spillovers in clean and dirty technologies in two technological fields: energy production and transportation. We introduce a new...
Persistent link: https://www.econbiz.de/10010945131