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New lessons for technology policy and climate change: investment for innovation

Author

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  • JONATHAN KÖHLER
  • TERRY BARKER
  • HAORAN PAN
  • PAOLO AGNOLUCCI
  • PAUL EKINS
  • TIM FOXON
  • DENNIS ANDERSON
  • SARAH WINNE
  • PAUL DEWICK
  • MARCELA MIOZZO
  • KEN GREEN

Abstract

The direction of UK energy policy requires a renewed impetus if the goal of climate change stabilization is to be met. Cost is not the main issue: a transformation to a low-carbon energy system may be no more expensive than meeting future energy demands with fossil fuels. Institutional barriers are preventing the large-scale adoption of the necessary technologies. New institutions to promote low-carbon technologies have not yet led to investment on the necessary scale. Further changes to the operation of the UK electricity markets to create a 'level playing field' for small-scale and intermittent generation are necessary. UK policy can contribute to international agreements following on from the Kyoto Accord, which also need to address the institutional barriers to energy technology development and transfer.

Suggested Citation

  • Jonathan Köhler & Terry Barker & Haoran Pan & Paolo Agnolucci & Paul Ekins & Tim Foxon & Dennis Anderson & Sarah Winne & Paul Dewick & Marcela Miozzo & Ken Green, 2007. "New lessons for technology policy and climate change: investment for innovation," Climate Policy, Taylor & Francis Journals, vol. 7(2), pages 156-161, March.
    • Handle: RePEc:taf:tcpoxx:v:7:y:2007:i:2:p:156-161
    DOI: 10.1080/14693062.2007.9685644
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    References listed on IDEAS

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    1. Ottmar Edenhofer, Kai Lessmann, Claudia Kemfert, Michael Grubb and Jonathan Kohler, 2006. "Induced Technological Change: Exploring its Implications for the Economics of Atmospheric Stabilization: Synthesis Report from the Innovation Modeling Comparison Project," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 57-108.
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    Cited by:

    1. Nagase, Yoko & Uehara, Takuro, 2011. "Evolution of population-resource dynamics models," Ecological Economics, Elsevier, vol. 72(C), pages 9-17.

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