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Technology Innovation and Climate Change Policy: an overview of issues and options

Grubb, M; (2004) Technology Innovation and Climate Change Policy: an overview of issues and options. Keio Economic Studies , 41 (2) pp. 103-132. Green open access

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Abstract

Achieving deep reductions in greenhouse gas (GHG) emissions at accept- Michael GRUBB able social cost will involve far-reaching technological change in the energy and in other sectors. Indeed, at present this seems one of the few things on which there is in- ternational agreement in relation to climate change. There are, however, disagreements among academics and policy analysts regarding the best way to promote appropriate technological change for tackling climate change, and the implications this has for pol- icy. There are also practical institutional challenges in devising and successfully imple- menting policies, both at the domestic and international levels, which will successfully promote the needed innovations. This paper attempts to explain the different views and offers a synthesis, arguing that properly understanding the economics of technology in- novation offers a way forward between what seem very divergent international positions on climate change policy.

Type: Article
Title: Technology Innovation and Climate Change Policy: an overview of issues and options
Open access status: An open access version is available from UCL Discovery
Publisher version: http://koara.lib.keio.ac.jp/xoonips/modules/xoonip...
Language: English
Additional information: Copyright © 2004 by the Keio Economic Society. This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Innovation, Energy Technology, Climate Change, Research and Development, Energy Investment
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources
URI: https://discovery.ucl.ac.uk/id/eprint/1471206
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