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来源类型Working Paper
规范类型报告
DOI10.3386/w23420
来源IDWorking Paper 23420
Innovation-Led Transitions in Energy Supply
Derek Lemoine
发表日期2017-05-22
出版年2017
语种英语
摘要Generalizing models of directed technical change, I show that complementarities between innovations and factors of production (here energy resources) can drive transitions away from a dominant sector. In a calibrated numerical implementation, the economy gradually transitions energy supply from coal to gas and then to renewable energy even in the absence of policy. The welfare-maximizing tax on carbon emissions is J-shaped, immediately redirects most research to renewables, and rapidly transitions energy supply directly to renewables. The emission tax is twice as valuable as either the welfare-maximizing research subsidy or the welfare-maximizing mandate to use renewable resources.
主题History ; Other History ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity ; Environmental and Resource Economics ; Energy ; Environment
URLhttps://www.nber.org/papers/w23420
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581094
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Derek Lemoine. Innovation-Led Transitions in Energy Supply. 2017.
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