The optimal climate policy portfolio when knowledge spills across sectors

Arbeitspapier

This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy sector, we show that the combination between environmental and knowledge externalities provides a strong rationale for implementing a portfolio of policies for both emissions reduction and the internalisation of knowledge externalities. Moreover, we show that implementing technology policy as a substitute for stabilisation policy is likely to increase global emissions.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Nota di Lavoro ; No. 2010,96

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Noncooperative Games ; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies ; Renewable Resources and Conservation: Water ; Renewable Resources and Conservation: Government Policy ; Innovation and Invention: Processes and Incentives ; One, Two, and Multisector Growth Models ; Climate; Natural Disasters and Their Management; Global Warming
• Thema: Technical Change ; Climate Change ; Development ; Innovation ; Spillovers

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Massetti, Emanuele ; Nicita, Lea
• Ereignis: Veröffentlichung
• (wer): Fondazione Eni Enrico Mattei (FEEM)
• (wo): Milano
• (wann): 2010

Weitere Informationen

• Handle: http://hdl.handle.net/10419/43562
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ