The Impact of Environmental Policy on Innovation in Clean Technologies /

This paper studies the effect of climate change mitigating policies on innovation in clean energy technologies. Results suggest that the tightening of environmental policies since the early 1990s have made a statistically and economically significant contribution to the increase in clean innovation....

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Eugster, Johannes
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2021.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2021/213
विषय:
ऑनलाइन पहुंच:Full text available on IMF
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100 1 |a Eugster, Johannes. 
245 1 0 |a The Impact of Environmental Policy on Innovation in Clean Technologies /  |c Johannes Eugster. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2021. 
300 |a 1 online resource (32 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper studies the effect of climate change mitigating policies on innovation in clean energy technologies. Results suggest that the tightening of environmental policies since the early 1990s have made a statistically and economically significant contribution to the increase in clean innovation. These effects generally materialized quickly, within 2 to 3 years of the policy change, and were driven by individually significant marginal effects of both market-based policies - such as feed-in tariffs and trading schemes - as well as non-market policies, such as R and D subsidies or emission limits. Looking at electricity innovation in particular, the paper finds that the estimated effect on total innovation is positive on net, meaning that increased innovation in clean and grey technologies is not offset by a decrease in innovation in dirty technologies. From a policy point of view, the paper's results call for strong policy efforts to decisively shift innovation towards clean technologies. 
538 |a Mode of access: Internet 
650 7 |a Climate Change Mitigation, Innovation and Environmental Policies  |2 imf 
650 7 |a Climate  |2 imf 
650 7 |a Global Warming  |2 imf 
650 7 |a Management of Technological Innovation and R and D  |2 imf 
650 7 |a Natural Disasters and Their Management  |2 imf 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2021/213 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2021/213/001.2021.issue-213-en.xml  |z IMF e-Library