Arbeitspapier

Technology Treaties and Climate Change

We introduce an international technology treaty that couples the funding of research for a more advanced abatement technology with an international emissions permit market. Under the treaty, each country decides on the amount of permits for its domestic industries, but a fraction of these permits is auctioned on the permit market, and the revenues are used to scale up license revenues for the innovators of abatement technologies. We discuss the conditions under which such a technology treaty can slow down climate change through technological innovations and whether it creates complementary incentives for countries to tighten permit issuance. Finally, we discuss how participation in Tech Treaties can be fostered and how such treaties might be implemented.

Sprache
Englisch

Erschienen in
Series: Economics Working Paper Series ; No. 17/268

Klassifikation
Wirtschaft
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Climate; Natural Disasters and Their Management; Global Warming
Innovation and Invention: Processes and Incentives
Thema
Climate change mitigation
Technology promotion
International permit markets
International treaty
Externalities
Klimawandel
Klimapolitik
Technologiewahl
Externer Effekt
EU-Emissionshandel
Innovation
EU-Staaten

Ereignis
Geistige Schöpfung
(wer)
Gersbach, Hans
Riekhof, Marie-Catherine
Ereignis
Veröffentlichung
(wer)
ETH Zurich, CER-ETH - Center of Economic Research
(wo)
Zurich
(wann)
2017

DOI
doi:10.3929/ethz-a-010862809
Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Gersbach, Hans
  • Riekhof, Marie-Catherine
  • ETH Zurich, CER-ETH - Center of Economic Research

Entstanden

  • 2017

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