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Prospective voluntary agreements to escape carbon lock-in

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  • JAVIER CARRILLO

    ()
    (Instituto de Empresa)

Abstract

The paper looks for co-evolutionary policy responses to carbon lock-in - a persistent state that creates systemic market and policy barriers to carbon low technological alternatives. We address the coordination role for authorities rather than the corrective optimisation and analyse experiences from environmental voluntary agreements and foresight activities. The paper argues that combining the virtues of these tools into a new policy tool, named Prospective Voluntary Agreement (PVA), can help facilitate an escape from carbon lock-in and provide policy resources for addressing lock-in related issues.

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File URL: http://latienda.ie.edu/working_papers_economia/WP04-23.pdf
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Bibliographic Info

Paper provided by Instituto de Empresa, Area of Economic Environment in its series Working Papers Economia with number wp04-23.

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Length: 24 pages
Date of creation: Sep 2004
Date of revision:
Handle: RePEc:emp:wpaper:wp04-23

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Keywords: Lock-in ; Carbon; Policy responses; Agreements;

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  7. Arthur, W Brian, 1989. "Competing Technologies, Increasing Returns, and Lock-In by Historical Events," Economic Journal, Royal Economic Society, vol. 99(394), pages 116-31, March.
  8. Peter Mulder, 2001. "Evolutionary Economic Theories of Sustainable Development," Growth and Change, Gatton College of Business and Economics, University of Kentucky, vol. 32(1), pages 110-134.
  9. David, Paul A, 1985. "Clio and the Economics of QWERTY," American Economic Review, American Economic Association, vol. 75(2), pages 332-37, May.
  10. Stavins, Robert & Jaffe, Adam & Newell, Richard, 2000. "Technological Change and the Environment," Discussion Papers dp-00-47, Resources For the Future.
  11. Nelson, Richard R. & Sampat, Bhaven N., 2001. "Making sense of institutions as a factor shaping economic performance," Journal of Economic Behavior & Organization, Elsevier, vol. 44(1), pages 31-54, January.
  12. Unruh, Gregory C., 2000. "Understanding carbon lock-in," Energy Policy, Elsevier, vol. 28(12), pages 817-830, October.
  13. Lohani, B. N. & Azimi, A. M., 1992. "Barriers to energy end-use efficiency," Energy Policy, Elsevier, vol. 20(6), pages 533-545, June.
  14. Carraro, Carlo & Siniscaico, Domenico, 1994. "Environmental policy reconsidered: The role of technological innovation," European Economic Review, Elsevier, vol. 38(3-4), pages 545-554, April.
  15. Geoffrey Hodgson, 2002. "Visions of Mainstream Economics: A Response to Richard Nelson and Jack Vromen," Review of Social Economy, Taylor & Francis Journals, vol. 60(1), pages 125-133.
  16. Metcalfe, J S, 1994. "Evolutionary Economics and Technology Policy," Economic Journal, Royal Economic Society, vol. 104(425), pages 931-44, July.
  17. Cowan, Robin, 1990. "Nuclear Power Reactors: A Study in Technological Lock-in," The Journal of Economic History, Cambridge University Press, vol. 50(03), pages 541-567, September.
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