Showing 1 - 10 of 32
investment behaviour is to anticipate the implementation of a climate policy by roughly 10 years. Investing in innovation ahead …. This is especially relevant for China, whose recent and foreseeable trends of investments in innovation are consistent with …
Persistent link: https://www.econbiz.de/10008811381
produced by climate-economy models while introducing the dimension of uncertainty in innovation ef- forts, without succumbing … evaluating optimal near-term innovation investment portfolios in four key clean energy technologies (solar, biofuels … innovation to improve the performance of these technologies. We employ an IAM (WITCH) which has a fairly rich description of the …
Persistent link: https://www.econbiz.de/10011622101
This paper investigates the role of Intellectual Property Rights (IPR) protection and Environmental Policies (EPs) on clean (renewable) and dirty (fossil-based) technology diffusion from top-innovators. IPR protection and EPs are extensively debated policy tools, as IPR protection addresses...
Persistent link: https://www.econbiz.de/10009756305
This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can … innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies … technical progress in the energy sector. We evaluate a range of innovation policies, both as a stand-alone instrument and in …
Persistent link: https://www.econbiz.de/10008728830
, innovation in the form of energy R&D investments would be positively affected, since it would become crucial in developed …
Persistent link: https://www.econbiz.de/10008780583
In the present paper we use the output of multiple expert elicitation surveys on the future cost of key low-carbon technologies and use it as input of three Integrated Assessment models, GCAM, MARKAL_US and WITCH. By means of a large set of simulations we aim to assess the implications of these...
Persistent link: https://www.econbiz.de/10011438620
The social cost of carbon (SCC) is a monetary measure of the harms from carbon emission. Specifically, it is the reduction in current consumption that produces a loss in social welfare equivalent to that caused by the emission of a ton of CO2. The standard approach is to calculate the SCC using...
Persistent link: https://www.econbiz.de/10011547506
We address the problem of choosing a portfolio of policies under "deep uncertainty." We introduce the idea of belief dominance as a way to derive a set of non-dominated portfolios and robust individual alternatives. Our approach departs from the tradition of providing a single recommended...
Persistent link: https://www.econbiz.de/10011504367
We propose a novel framework for the economic assessment of climate-change policy. Our main point of departure from existing work is the adoption of a "satisficing", as opposed to optimizing, modeling approach. Along these lines, we place primary emphasis on the extent to which different...
Persistent link: https://www.econbiz.de/10011614242
Over the last few decades, integrated assessment models (IAM) have provided insight into the relationship between climate change, economy, and climate policies. The limitations of these models in capturing uncertainty in climate parameters, heterogeneity in damages and policies, have given rise...
Persistent link: https://www.econbiz.de/10011850330