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Understanding Transatlantic Differences

From the Archives
Balancing Policies for Energy Efficiency and Climate Change
Richard G. Newell
Resources, Summer 2000

Climate Change Policy Choices and Technical Innovation
Carolyn Fischer
Climate Issue Brief #20 June 2000

How Important is Technological Innovation in Protecting the Environment?
Ian W.H. Parry, William A. Pizer, and Carolyn Fischer
Discussion Paper 00-15 March 2000

Instrument Choice for Environmental Protection When Technological Innovation is Endogenous
Carolyn Fischer, Ian W.H. Parry, and William A. Pizer
Discussion Paper 99-04 October 1998



Home > Role of Technology >
Technology Policy

At the heart of any discussion on technology and climate change is the question of how public policy can positively influence the path of technological change.  Early economic research focused on the market failure that exists—innovators do not fully capture the proceeds from their inventions as others tend to mimic their ideas.  This leads to an underinvestment in R&D by the private sector and creates the potential for government subsidies to improve welfare.  Alternatively, one can look at how traditional environmental policies—fees, tradable permits, and performance standards—create additional incentives for innovation.

More recently, research has focused on both the interaction of innovation and mitigation policies and the effectiveness of a broad range of incentives to encourage innovation and diffusion.  Alongside this evolution in research, we have witnessed increased debate in the public sphere over the direction, design, and magnitude of technology policy related to energy broadly and climate change in particular.

Featured Work on This Topic

Link to Discussion Paper
 

Endogenizing Technological Change: Matching Empirical Evidence to Modeling Needs

Willam A. Pizer and David Popp
Discussion Paper 07-11
March 2007


   
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Link to Backgrounder
 

Climate Technology Policy

Richard Newell
Weathervane Backgrounder | February 2007

There is a growing consensus among policymakers and stakeholders that an effective federal program to control greenhouse gas (GHG) emissions must have as one element polices to hasten the development, commercialization, and widespread deployment of low- and no-carbon energy technologies, as well as technologies leading to increased end-use energy efficiency.

This analysis focuses on the available technology policies, options to improve the effectiveness and efficiency of those policies, and new approaches to technology policy that may offer greater performance and efficiency.

     
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Link to Backgrounder
 

Climate Technology Policy Legislation in the 109th Congress

Richard Newell
Weathervane Backgrounder | February 2007

A compilation of technology polices contained in legislation passed during the 109th Congress.

     
     
International Technology-Oriented Agreements ti Address Climate Change
 

International Technology-Oriented Agreements to Address Climate Chang
Heleen de Coninck, Carolyn Fischer, Richard G. Newell, and Takahiro Ueno
06-50 | January 2007

Helen de Coninck et al explore what TOAs may consist of, why they might be sensible, which
TOAs already exist in international energy and environmental governance, and whether they have the potential to make a valuable contribution to addressing climate change.

     
     
Reengineering the Climate Regime
 

Reengineering the Climate Regime: Design and Process Principles of International Technology Cooperation for Climate Change Mitigation
Takahiro Ueno
06-48 | November 2006; Revised March, 2007

Visiting scholar Takahiro Ueno proposes three principles for handling the complexity of international technology cooperation.

     
     
Link to discussion paper
 

Siting Renewable Energy Facilities: A Spatial Analysis of Promises and Pitfalls

Shalini Vajjhala
Discussion Paper 06-34
July 2006

     
     
Panel - Energy Efficiency  

Panel: Energy Efficiency
Understanding Transatlantic Differences
An RFF Co-Hosted Seminar

Speakers address approaches to energy efficiency, the role of government, and the correct response to market failure.

     
   

Panel - Choice of Instruments  

Panel: Macroeconomic Modeling Approaches
Understanding Transatlantic Differences
An RFF Co-Hosted Seminar

Speakers discuss the costs and benefits of climate mitigation, promoting regulation vs. research, and the differing approaches of the U.S. and Europe.

     
   

Panel - Energy Efficiency  

Panel: Innovation
Understanding Transatlantic Differences
An RFF Co-Hosted Seminar

Speakers address the economics of R&D, low carbon policy mechanisms and the impact of coal on greenhouse gas reduction efforts.

     
   

 

 

Technology Incentives Alone Will Not Sufficiently Reduce Greenhouse Gas Emissions

Richard D. Morgenstern
Senate Committee on Energy and Natural Resources
April 14, 2005

In testimony submitted to the Senate Committee on Energy and Natural Resources, Senior Fellow Richard Morgenstern urges broad-based policy action on climate change.

     
     
 

Technology Prizes for Climate Change Mitigation

Richard G. Newell and Nathan E. Wilson

Discussion Paper 05-33
June 2005

In certain circumstances, with proper research and design, prizes offered by public agencies as well as private firms or foundations could induce innovations that reduce greenhouse gases.

     
     
 

Environmental and Technology Policies
for Climate Change and Renewable Energy

Carolyn Fischer and Richard G. Newell
Discussion Paper 04-05, April 2004
Revised June 2005

Some of the most popular ways for supporting renewable energy are the least efficient at reducing carbon dioxide emissions. The most efficient way is also the least popular, setting out a dilemma for policymakers.

     
     
Link to RFF Event  

Technology Policy for Climate Change Mitigation

RFF Workshop organized jointly with the French Institute of International Relations (IFRI) and Lepii-EPE (Grenoble, France)
December 16th, 2004
Paris, France

     
     
Link to Report  

Induced Technological Change and Climate Policy

October 2004
By Lawrence H. Goulder, Stanford University

This Report is prepared by the Pew Center on Global Climate Change

 

     
     
 

A Tale of Two Market Failures:
Technology and Environmental Policy

Adam B. Jaffe, Richard G. Newell, and Robert N. Stavins
Discussion Paper 04-38
October 2004

     
     
 

Retrospective Examination of Demand-side Energy-efficiency Policies

Kenneth T. Gillingham, Richard G. Newell, and Karen L. Palmer

Discussion Paper 04-19, June 2004
Revised September 2004
Executive Summary

     
     
Link to Discussion Paper  

Emissions Pricing, Spillovers, and Public Investment in Environmentally Friendly Technologies

Carolyn Fischer
Discussion Paper 04-02
February 2004

     
     
 

Effects of Carbon Policies
and Technology Change

Molly K. Macauley and Jhih-Shyang Shih
Discussion Paper 03-14
December 2003

 

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