Climate policies and induced technological change: Impacts and timing of technology subsidies

Arbeitspapier

We study the role of technology subsidies in climate policies, using a simple dynamic equilibrium model with learning-by-doing. The optimal subsidy rate of a carbon-free technology is high when the technology is first adopted, but falls significantly over the next decades. However, the efficiency costs of uniform instead of optimal subsidies, may be low if there are introduction or expansion constraints for a new technology. Finally, supporting existing energy technologies only, may lead to technology lock-in, and the impacts of lock-in increase with the learning potential of new technologies as well as the possibilities for early entry and thight carbon constraints.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Memorandum ; No. 2004,05

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Computable and Other Applied General Equilibrium Models ; Taxation and Subsidies: Efficiency; Optimal Taxation ; Innovation; Research and Development; Technological Change; Intellectual Property Rights: General ; Alternative Energy Sources
• Thema: Climate change policies ; Computable equilibrium models ; Induced technological change ; Subsidies ; Timing ; Klimaschutz ; Wohlfahrtseffekt ; Umwelttechnik ; Förderung regenerativer Energien ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Kverndokk, Snorre ; Rosendahl, Knut Einar ; Rutherford, Thomas F.
• Ereignis: Veröffentlichung
• (wer): University of Oslo, Department of Economics
• (wo): Oslo
• (wann): 2004

Weitere Informationen

• Handle: http://hdl.handle.net/10419/63106
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ