全球智库信息集成服务系统(G2TT): Directed Technical Change and Climate Policy

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Directed Technical Change and Climate Policy
	Vincent M. Otto; Andreas Löschel; John Reilly
发表日期	2006
出处	Climate Change and Sustainable Development
出版年	2006
语种	英语
摘要	This paper studies the cost effectiveness of climate policy if there are technology externalities. For this purpose, we develop a forward-looking CGE model that captures empirical links between CO2 emissions associated with energy use, directed technical change and the economy. We find the cost-effective climate policy to include a combination of R&D subsidies and CO2 emission constraints, although R&D subsidies raise the shadow value of the CO2 constraint (i.e. CO2 price) because of a strong rebound effect from stimulating innovation. Furthermore, we find that CO2 constraints differentiated toward CO2-intensive sectors are more cost effective than constraints that generate uniform CO2 prices among sectors. Differentiated CO2 prices, through technical change and concomitant technology externalities, encourage growth in the non-CO2 intensive sectors and discourage growth in CO2-intensive sectors. Thus, it is cost effective to let the latter bear relatively more of the abatement burden. This result is robust to whether emission constraints, R&D subsidies or combinations of both are used to reduce CO2 emissions.
特色分类	D58,H21,H23,O33,O38
关键词	Directed Technical Change,Climate Policy,Computable General Equilibrium Model,R&D
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/directed-technical-change-and-climate-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/117344
推荐引用方式 GB/T 7714	Vincent M. Otto,Andreas Löschel,John Reilly. Directed Technical Change and Climate Policy. 2006.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
NDL2006-081.pdf（1399KB）	智库出版物		限制开放	CC BY-NC-SA	浏览