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Clean Energy Technology and the Role of Non-Carbon Price Based Policy: an Evolutionary Economics Perspective

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  • Eric Knight

    ()
    (Department of Geography and the Environment, University of Oxford, Oxford, UK)

  • Nicholas Howarth

    ()
    (Department of Geography and the Environment, University of Oxford, Oxford, UK)

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    Abstract

    Much academic attention has been paid to the role of carbon pricing in developing a market-led response to low carbon energy innovation. Taking an evolutionary economics perspective this paper makes the case as to why price mechanisms alone are insufficient to support new energy technologies coming to market. In doing so, we set out the unique investment barriers in the clean energy space. For guidance on possible approaches to non-carbon price based policies that seek to tackle these barriers we turn to case studies from Asia, a region which has experienced a strong uptake in climate policy in recent years.

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    File URL: http://ccep.anu.edu.au/data/2011/pdf/wpapers/CCEP-2-11.pdf
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    Bibliographic Info

    Paper provided by Centre for Climate Economics & Policy, Crawford School of Public Policy, The Australian National University in its series CCEP Working Papers with number 1102.

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    Date of creation: Feb 2011
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    Handle: RePEc:een:ccepwp:1102

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    1. Costantini, Valeria & Crespi, Francesco, 2007. "Environmental regulation and the export dynamics of energy technologies," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200708, University of Turin.
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    9. Michael E. Porter & Claas van der Linde, 1995. "Toward a New Conception of the Environment-Competitiveness Relationship," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 97-118, Fall.
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    11. Dieter Helm, 2005. "Economic Instruments and Environmental Policy," The Economic and Social Review, Economic and Social Studies, vol. 36(3), pages 205-228.
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    1. CCEP Working Papers in March 2011
      by David Stern in Stochastic Trend on 2011-04-01 23:04:00

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