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Low-carbon innovation has risen in Europe, but the EU’s Emissions Trading Scheme may not be the main factor in this growth.

Calel, Raphael and Dechezlepretre, Antoine (2013) Low-carbon innovation has risen in Europe, but the EU’s Emissions Trading Scheme may not be the main factor in this growth. LSE European Politics and Policy (EUROPP) blog (15 Mar 2013). Blog Entry.

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Abstract

The EU’s Emissions Trading Scheme (EU ETS) was launched in 2005 as a major part of Europe’s strategy for tackling climate change. As Raphael Calel and Antoine Dechezlepretre write, at its launch, there were fears that the scheme would not offer sufficient incentives to encourage research in low carbon technologies. Based on an analysis of European companies before and after 2005, they find that low carbon innovation has increased substantially, but that this increase cannot be accounted for entirely by the launch of the scheme.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2013 The Author(s)
Divisions: Grantham Research Institute
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
T Technology > T Technology (General)
Date Deposited: 10 May 2013 09:03
Last Modified: 11 Dec 2024 21:04
URI: http://eprints.lse.ac.uk/id/eprint/50198

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