Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.ecolecon.2019.06.002 |
The impact of the EU Emissions Trading System on low-carbon technological change: The empirical evidence | |
Teixido, Jordi1; Verde, Stefano F.2; Nicolli, Francesco2,3 | |
2019-10-01 | |
发表期刊 | ECOLOGICAL ECONOMICS
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ISSN | 0921-8009 |
EISSN | 1873-6106 |
出版年 | 2019 |
卷号 | 164 |
文章类型 | Article |
语种 | 英语 |
国家 | Spain; Italy |
英文摘要 | This paper reviews the empirical literature analysing the effects of the EU Emissions Trading System (EU ETS) on low-carbon technological change. The emerging evidence is assessed, with references to both relevant economic concepts and the evolving regulation of the EU ETS through the years. The two most robust indications of the literature are: a) free allocation (grandfathering) tended to hamper low-carbon investments in Phases I (2005-2007) and II (2008-2012), and b) the EU ETS appears to have been relatively more effective in stimulating innovation of low-carbon technologies than their adoption. Importantly, however, a complete general picture of the impact of the EU ETS on low-carbon technological change is missing. The main gap regards the lack of empirical evidence for Phase III (2013- 2020). Especially econometric studies are only few due to the lack of suitable databases accessible to researchers - a problem that the relevant public authorities are urged to address. Thanks to the recent reforms of the EU ETS, the incentives for innovation and adoption of low-carbon technologies are probably stronger today than ever before. |
英文关键词 | EU ETS Low-carbon technological change Innovation incentives Free allocation Empirical evidence |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000480374500003 |
WOS关键词 | ITALIAN PULP ; POLICY ; INNOVATION ; ETS ; PERFORMANCE ; ALLOCATION ; ABATEMENT ; SECTOR |
WOS类目 | Ecology ; Economics ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Environmental Sciences & Ecology ; Business & Economics |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/187295 |
专题 | 资源环境科学 |
作者单位 | 1.Univ Barcelona, Dept Econometr Stat & Appl Econ, Barcelona, Spain; 2.European Univ Inst, Florence Sch Regulat Climate, Florence, Italy; 3.Univ Ferrara, Dept Econ & Management, Ferrara, Italy |
推荐引用方式 GB/T 7714 | Teixido, Jordi,Verde, Stefano F.,Nicolli, Francesco. The impact of the EU Emissions Trading System on low-carbon technological change: The empirical evidence[J]. ECOLOGICAL ECONOMICS,2019,164. |
APA | Teixido, Jordi,Verde, Stefano F.,&Nicolli, Francesco.(2019).The impact of the EU Emissions Trading System on low-carbon technological change: The empirical evidence.ECOLOGICAL ECONOMICS,164. |
MLA | Teixido, Jordi,et al."The impact of the EU Emissions Trading System on low-carbon technological change: The empirical evidence".ECOLOGICAL ECONOMICS 164(2019). |
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