G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Climate Agreements and Technology Policy
Michael Hoel; Rolf Golombek
发表日期2004
出处Climate Change and Sustainable Development
出版年2004
语种英语
摘要We study climate policy when there are technology spillovers within and across countries, and the technology externalities within each country are corrected through a domestic subsidy of R&D investments. We compare the properties of international climate agreements when the inter-country externalities from R&D are not regulated through the climate agreement. With an international agreement controlling abatements directly through emission quotas, the equilibrium R&D subsidy is lower that the socially optimal subsidy. The equilibrium subsidy is even lower if the climate agreement does not specify emission levels directly, but instead imposes a common carbon tax. Social costs are higher under a tax agreement than under a quota agreement. Moreover, for a reasonable assumption on the abatement cost function, R&D investments and abatement levels are lower under a tax agreement than under a quota agreement. Total emissions may be higher or lower in a second-best optimal quota agreement than in the first-best optimum.
特色分类O30,H23,Q20,Q28,Q48
关键词Climate policy,International environmental agreements,R&D Policy,Technology spillovers
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/climate-agreements-and-technology-policy/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117041
推荐引用方式
GB/T 7714
Michael Hoel,Rolf Golombek. Climate Agreements and Technology Policy. 2004.
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