The Impact of Environmental Policy on Innovation in Clean Technologies

The Impact of Environmental Policy on Innovation in Clean Technologies

Author: Johannes Eugster

Publisher: International Monetary Fund

Published: 2021-08-06

Total Pages: 32

ISBN-13: 1513589938

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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&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.


Book Synopsis The Impact of Environmental Policy on Innovation in Clean Technologies by : Johannes Eugster

Download or read book The Impact of Environmental Policy on Innovation in Clean Technologies written by Johannes Eugster and published by International Monetary Fund. This book was released on 2021-08-06 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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&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.

Environmental and Technology Policy in Europe

Environmental and Technology Policy in Europe

Author: G.J. Schrama

Publisher: Springer Science & Business Media

Published: 2003-10-31

Total Pages: 266

ISBN-13: 9781402015830

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This book contains six studies on various national environmental policies and environment -oriented technology policy systems in Austria, Denmark, Germany, the Netherlands, Spain, and the United Kingdom, sandwiched between this introductory and a concluding chapter. These studies were conducted as part of the ENVINNO research project, "Towards an Integration of Environmental and Ecology-Oriented Technology Policy: Stimulus and Response in Environment Related Innovation Networks", which formed part of the Targeted Social and Economic Research (TSER) Programme of Directorate-General XII of the European Commission, now 1 Directorate-General for Research. We like to thank Mrs. Genevieve Zdrojewski of GD Directorate-General Research for her kind support of our research project. The project was carried out between 1998 and 2001 by research teams from the six countries. The co-ordinating institute was the Department of Environmental Economics and Management at the Vienna University of 2 Economics and Business Administration. At this place we want to mention all researchers involved in the ENVINNO project and we want to thank them all for their contributions to this book and the project and for the good time we have had performing the project and meeting each other at regular intervals in Vienna (A), Enschede (NL), Berlin (D), and Sevilla (E). Department of Environmental Economics and Management at the Vienna University of Economics and Business Administration in Austria: • Univ. Prof. Dr. Uwe Schubert, • Mag. Judith Kock, • Mag. Jiirgen Mellitzer, 1 Under contract-number SOEI-CT98-110S. 2 The project website is http://www.wu-wien.ac.atiwwwu/institute/iuwIENVINNO.


Book Synopsis Environmental and Technology Policy in Europe by : G.J. Schrama

Download or read book Environmental and Technology Policy in Europe written by G.J. Schrama and published by Springer Science & Business Media. This book was released on 2003-10-31 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains six studies on various national environmental policies and environment -oriented technology policy systems in Austria, Denmark, Germany, the Netherlands, Spain, and the United Kingdom, sandwiched between this introductory and a concluding chapter. These studies were conducted as part of the ENVINNO research project, "Towards an Integration of Environmental and Ecology-Oriented Technology Policy: Stimulus and Response in Environment Related Innovation Networks", which formed part of the Targeted Social and Economic Research (TSER) Programme of Directorate-General XII of the European Commission, now 1 Directorate-General for Research. We like to thank Mrs. Genevieve Zdrojewski of GD Directorate-General Research for her kind support of our research project. The project was carried out between 1998 and 2001 by research teams from the six countries. The co-ordinating institute was the Department of Environmental Economics and Management at the Vienna University of 2 Economics and Business Administration. At this place we want to mention all researchers involved in the ENVINNO project and we want to thank them all for their contributions to this book and the project and for the good time we have had performing the project and meeting each other at regular intervals in Vienna (A), Enschede (NL), Berlin (D), and Sevilla (E). Department of Environmental Economics and Management at the Vienna University of Economics and Business Administration in Austria: • Univ. Prof. Dr. Uwe Schubert, • Mag. Judith Kock, • Mag. Jiirgen Mellitzer, 1 Under contract-number SOEI-CT98-110S. 2 The project website is http://www.wu-wien.ac.atiwwwu/institute/iuwIENVINNO.

Environmental Policy and Technical Change

Environmental Policy and Technical Change

Author: René Kemp

Publisher:

Published: 1997

Total Pages: 392

ISBN-13:

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This work assesses the impact of environmental policy on technical change in the development of clean technologies. It focuses in particular on the possibility of inducing radical change in technology policy, in contrast to the current regulatory practices which lead to the modification of existing products.


Book Synopsis Environmental Policy and Technical Change by : René Kemp

Download or read book Environmental Policy and Technical Change written by René Kemp and published by . This book was released on 1997 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work assesses the impact of environmental policy on technical change in the development of clean technologies. It focuses in particular on the possibility of inducing radical change in technology policy, in contrast to the current regulatory practices which lead to the modification of existing products.

The Power of Change

The Power of Change

Author: National Academies of Sciences, Engineering, and Medicine

Publisher: National Academies Press

Published: 2016-08-30

Total Pages: 341

ISBN-13: 0309371457

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Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.


Book Synopsis The Power of Change by : National Academies of Sciences, Engineering, and Medicine

Download or read book The Power of Change written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2016-08-30 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.

Designing Climate Solutions

Designing Climate Solutions

Author: Hal Harvey

Publisher: Island Press

Published: 2018-11-01

Total Pages: 374

ISBN-13: 1610919564

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With the effects of climate change already upon us, the need to cut global greenhouse gas emissions is nothing less than urgent. It’s a daunting challenge, but the technologies and strategies to meet it exist today. A small set of energy policies, designed and implemented well, can put us on the path to a low carbon future. Energy systems are large and complex, so energy policy must be focused and cost-effective. One-size-fits-all approaches simply won’t get the job done. Policymakers need a clear, comprehensive resource that outlines the energy policies that will have the biggest impact on our climate future, and describes how to design these policies well. Designing Climate Solutions: A Policy Guide for Low-Carbon Energy is the first such guide, bringing together the latest research and analysis around low carbon energy solutions. Written by Hal Harvey, CEO of the policy firm Energy Innovation, with Robbie Orvis and Jeffrey Rissman of Energy Innovation, Designing Climate Solutions is an accessible resource on lowering carbon emissions for policymakers, activists, philanthropists, and others in the climate and energy community. In Part I, the authors deliver a roadmap for understanding which countries, sectors, and sources produce the greatest amount of greenhouse gas emissions, and give readers the tools to select and design efficient policies for each of these sectors. In Part II, they break down each type of policy, from renewable portfolio standards to carbon pricing, offering key design principles and case studies where each policy has been implemented successfully. We don’t need to wait for new technologies or strategies to create a low carbon future—and we can’t afford to. Designing Climate Solutions gives professionals the tools they need to select, design, and implement the policies that can put us on the path to a livable climate future.


Book Synopsis Designing Climate Solutions by : Hal Harvey

Download or read book Designing Climate Solutions written by Hal Harvey and published by Island Press. This book was released on 2018-11-01 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the effects of climate change already upon us, the need to cut global greenhouse gas emissions is nothing less than urgent. It’s a daunting challenge, but the technologies and strategies to meet it exist today. A small set of energy policies, designed and implemented well, can put us on the path to a low carbon future. Energy systems are large and complex, so energy policy must be focused and cost-effective. One-size-fits-all approaches simply won’t get the job done. Policymakers need a clear, comprehensive resource that outlines the energy policies that will have the biggest impact on our climate future, and describes how to design these policies well. Designing Climate Solutions: A Policy Guide for Low-Carbon Energy is the first such guide, bringing together the latest research and analysis around low carbon energy solutions. Written by Hal Harvey, CEO of the policy firm Energy Innovation, with Robbie Orvis and Jeffrey Rissman of Energy Innovation, Designing Climate Solutions is an accessible resource on lowering carbon emissions for policymakers, activists, philanthropists, and others in the climate and energy community. In Part I, the authors deliver a roadmap for understanding which countries, sectors, and sources produce the greatest amount of greenhouse gas emissions, and give readers the tools to select and design efficient policies for each of these sectors. In Part II, they break down each type of policy, from renewable portfolio standards to carbon pricing, offering key design principles and case studies where each policy has been implemented successfully. We don’t need to wait for new technologies or strategies to create a low carbon future—and we can’t afford to. Designing Climate Solutions gives professionals the tools they need to select, design, and implement the policies that can put us on the path to a livable climate future.

Environmental Policy and Industrial Innovation

Environmental Policy and Industrial Innovation

Author: David Wallace

Publisher: Routledge

Published: 2017-10-19

Total Pages: 302

ISBN-13: 1351382918

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This book, originally published in 1995, examines the evolution of environmental policy in 6 OECD countries. Through numerous examples, it contrasts the widely-varying political and regulatory styles and their consequences for innovation. Two industry-specific case studies provide a transnational perspective on the co-evolution of technology and environmental policy. The book concludes that innovation can be successfully harnessed by setting credible, long-term environmental goals and ensuring that regulatory instruments are grounded in flexibility, dialogue and trust.


Book Synopsis Environmental Policy and Industrial Innovation by : David Wallace

Download or read book Environmental Policy and Industrial Innovation written by David Wallace and published by Routledge. This book was released on 2017-10-19 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, originally published in 1995, examines the evolution of environmental policy in 6 OECD countries. Through numerous examples, it contrasts the widely-varying political and regulatory styles and their consequences for innovation. Two industry-specific case studies provide a transnational perspective on the co-evolution of technology and environmental policy. The book concludes that innovation can be successfully harnessed by setting credible, long-term environmental goals and ensuring that regulatory instruments are grounded in flexibility, dialogue and trust.

Environmental Policy and Technological Innovation

Environmental Policy and Technological Innovation

Author: Carlos Montalvo Corral

Publisher: Edward Elgar Publishing

Published: 2002

Total Pages: 326

ISBN-13:

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Surrendering to the notion that governments lack the political independence to set and enforce environmental standards, Corral (Institute for Strategy, Technology, and Policy at the TNO, Netherlands Organization for Applied Scientific Research) asks if it is possible to influence the technological and organizational innovative behavior of firms by means other than regulation. Addressing environmental and technology policy analysts, practitioners, and lobbyists, he presents a behavioral simulation model that he hopes can be used to harmonize long-term societal interests with short-term firm interests. The model attempts to link firms' ultimate behavior to their perceptions of environmental risk, economic risk, community pressure, market pressure, regulatory pressure, technological capabilities, and organizational capabilities. Annotation copyrighted by Book News, Inc., Portland, OR


Book Synopsis Environmental Policy and Technological Innovation by : Carlos Montalvo Corral

Download or read book Environmental Policy and Technological Innovation written by Carlos Montalvo Corral and published by Edward Elgar Publishing. This book was released on 2002 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Surrendering to the notion that governments lack the political independence to set and enforce environmental standards, Corral (Institute for Strategy, Technology, and Policy at the TNO, Netherlands Organization for Applied Scientific Research) asks if it is possible to influence the technological and organizational innovative behavior of firms by means other than regulation. Addressing environmental and technology policy analysts, practitioners, and lobbyists, he presents a behavioral simulation model that he hopes can be used to harmonize long-term societal interests with short-term firm interests. The model attempts to link firms' ultimate behavior to their perceptions of environmental risk, economic risk, community pressure, market pressure, regulatory pressure, technological capabilities, and organizational capabilities. Annotation copyrighted by Book News, Inc., Portland, OR

Innovation and the Environment

Innovation and the Environment

Author: OECD

Publisher: OECD Publishing

Published: 2000-12-11

Total Pages: 141

ISBN-13: 9264188452

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A workshop proceedings address questions that lead to a better understanding of the interaction between innovation and the environment and explored elements of "best practice" policies that can stimulate innovation for the environment and shift our development path towards sustainability.


Book Synopsis Innovation and the Environment by : OECD

Download or read book Innovation and the Environment written by OECD and published by OECD Publishing. This book was released on 2000-12-11 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: A workshop proceedings address questions that lead to a better understanding of the interaction between innovation and the environment and explored elements of "best practice" policies that can stimulate innovation for the environment and shift our development path towards sustainability.

Technological Change and the Environment

Technological Change and the Environment

Author: Arnulf Grübler

Publisher: Routledge

Published: 2010-09-30

Total Pages: 414

ISBN-13: 1136522913

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Much is written in the popular literature about the current pace of technological change. But do we have enough scientific knowledge about the sources and management of innovation to properly inform policymaking in technology dependent domains such as energy and the environment? While it is agreed that technological change does not 'fall from heaven like autumn leaves,' the theory, data, and models are deficient. The specific mechanisms that govern the rate and direction of inventive activity, the drivers and scope for incremental improvements that occur during technology diffusion, and the spillover effects that cross-fertilize technological innovations remain poorly understood. In a work that will interest serious readers of history, policy, and economics, the editors and their distinguished contributors offer a unique, single volume overview of the theoretical and empirical work on technological change. Beginning with a survey of existing research, they provide analysis and case studies in contexts such as medicine, agriculture, and power generation, paying particular attention to what technological change means for efficiency, productivity, and reduced environmental impacts. The book includes a historical analysis of technological change, an examination of the overall direction of technological change, and general theories about the sources of change. The contributors empirically test hypotheses of induced innovation and theories of institutional innovation. They propose ways to model induced technological change and evaluate its impact, and they consider issues such as uncertainty in technology returns, technology crossover effects, and clustering. A copublication o Resources for the Future (RFF) and the International Institute for Applied Systems Analysis (IIASA).


Book Synopsis Technological Change and the Environment by : Arnulf Grübler

Download or read book Technological Change and the Environment written by Arnulf Grübler and published by Routledge. This book was released on 2010-09-30 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much is written in the popular literature about the current pace of technological change. But do we have enough scientific knowledge about the sources and management of innovation to properly inform policymaking in technology dependent domains such as energy and the environment? While it is agreed that technological change does not 'fall from heaven like autumn leaves,' the theory, data, and models are deficient. The specific mechanisms that govern the rate and direction of inventive activity, the drivers and scope for incremental improvements that occur during technology diffusion, and the spillover effects that cross-fertilize technological innovations remain poorly understood. In a work that will interest serious readers of history, policy, and economics, the editors and their distinguished contributors offer a unique, single volume overview of the theoretical and empirical work on technological change. Beginning with a survey of existing research, they provide analysis and case studies in contexts such as medicine, agriculture, and power generation, paying particular attention to what technological change means for efficiency, productivity, and reduced environmental impacts. The book includes a historical analysis of technological change, an examination of the overall direction of technological change, and general theories about the sources of change. The contributors empirically test hypotheses of induced innovation and theories of institutional innovation. They propose ways to model induced technological change and evaluate its impact, and they consider issues such as uncertainty in technology returns, technology crossover effects, and clustering. A copublication o Resources for the Future (RFF) and the International Institute for Applied Systems Analysis (IIASA).

Industrial Transformation

Industrial Transformation

Author: Theo J. N. M. de Bruijn

Publisher: MIT Press

Published: 2005

Total Pages: 428

ISBN-13: 9780262541817

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A comparative analysis of environmental policy innovations in the United States and Europe that use voluntary, collaborative, and information-based approaches.


Book Synopsis Industrial Transformation by : Theo J. N. M. de Bruijn

Download or read book Industrial Transformation written by Theo J. N. M. de Bruijn and published by MIT Press. This book was released on 2005 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comparative analysis of environmental policy innovations in the United States and Europe that use voluntary, collaborative, and information-based approaches.