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Public policy and clean technology promotion. The synergy between environmental economics and evolutionary economics of technological change

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  • Pablo Del Rio Gonzalez

Abstract

Obstacles to clean technology development, innovation and diffusion are not only related to the lack of internalisation of environmental externalities in production costs, as defended by traditional environmental economics. Empirical studies show that many other obstacles prevent these technologies from penetrating the market. The relevance of these obstacles differs between sectors, firms and technologies. Consequently, a more focused approach is proposed. By taking a look at the specific, real-world barriers to clean technologies, a policy framework as well as some specific measures that target those barriers are suggested. These instruments are useful and complementary in a policy framework that, in addition to specific instruments, takes into account the influence of the style of regulation and the configuration of actors in the environmental technological change process. This paper proposes a coherent framework integrating environmental policy and technology policy instruments. This is deemed necessary in the technological transition to sustainable development.

Suggested Citation

  • Pablo Del Rio Gonzalez, 2004. "Public policy and clean technology promotion. The synergy between environmental economics and evolutionary economics of technological change," International Journal of Sustainable Development, Inderscience Enterprises Ltd, vol. 7(2), pages 200-216.
  • Handle: RePEc:ids:ijsusd:v:7:y:2004:i:2:p:200-216
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    Cited by:

    1. Totti Konnola & Pablo Del Rio & Laura Pombo Juarez & Javier Carrillo-Hermosilla & Gregory C. Unruh, 2008. "An empirical analysis of institutional barriers to European hydrogen RD%D cooperation," International Journal of Sustainable Development, Inderscience Enterprises Ltd, vol. 11(1), pages 74-96.
    2. del Río González, Pablo, 2009. "The empirical analysis of the determinants for environmental technological change: A research agenda," Ecological Economics, Elsevier, vol. 68(3), pages 861-878, January.

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