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Although economists cite potential gains from induced innovation as an advantage of using market-based mechanisms to … control. I find that requiring plants constructed before 1990 to install scrubbers created incentives for innovation that …
Persistent link: https://www.econbiz.de/10012470123
technology, opportunity costs of research limit the role induced innovation can play. Moreover, since the backstop technology …
Persistent link: https://www.econbiz.de/10012468408
Despite growing empirical evidence of the link between environmental policy and innovation, most economic models of … innovation in the energy sector. Ignoring induced technological change overstates the welfare costs of an optimal carbon tax …, as the effect of induced innovation on emissions and mean global temperature is small. Sensitivity analysis shows that …
Persistent link: https://www.econbiz.de/10012468936
Global climate change and other environmental challenges require the development of new energy technologies with lower emissions. In the near-term, R&D investments, either by government or the private sector, can bring down the costs of these lower emission technologies. However, the results of...
Persistent link: https://www.econbiz.de/10012457272
existing knowledge have strongly significant positive effects on innovation. Furthermore, I show that omitting the quality of …
Persistent link: https://www.econbiz.de/10012470440
Historically, innovation in the energy sector proceeded slowly and entrepreneurial start-up firms played a relatively …, integrating intermittent resources creates additional grid management challenges, requiring further innovation. This chapter … documents the evolving roles of innovation and entrepreneurship in the energy sector. First, we provide an overview of the …
Persistent link: https://www.econbiz.de/10012481728
literature on environmental innovation and diffusion, with a focus on studies relevant to the development of clean energy …
Persistent link: https://www.econbiz.de/10012462979
This paper examines the effect of environmental policies on technological innovation in the specific case of renewable …
Persistent link: https://www.econbiz.de/10012464887
While many studies have looked at innovation and adoption of technologies separately, the two processes are linked …
Persistent link: https://www.econbiz.de/10012466550
Using patent data from the United States, Japan, and Germany, this paper examines both the innovation and diffusion of … environmental regulations. Moreover, any technology transfer that occurs appears to be indirect. Domestic innovation occurs even for …
Persistent link: https://www.econbiz.de/10012468050