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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.

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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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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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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. |
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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. |
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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. |
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Siting Renewable Energy Facilities: A Spatial Analysis of Promises and Pitfalls
Shalini Vajjhala
Discussion Paper 06-34
July 2006 |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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 |
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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 |
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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 |
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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 |
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Emissions Pricing, Spillovers, and Public Investment in Environmentally Friendly Technologies
Carolyn Fischer
Discussion Paper 04-02
February 2004
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Effects of Carbon Policies
and Technology Change
Molly K. Macauley and Jhih-Shyang Shih
Discussion Paper 03-14
December 2003 |
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