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Technology and Environmental Policies

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Abstract

This article explains how fundamental aspects of technology and technological innovation are involved in the environmental policies in terms of practicability and possibility of reaching their objectives. After a brief presentation of fundamentals of technology and its innovation, it discusses the limits of the precautional principle and its valid substitution with a risk analysis considering not only the dangers of using technology but also the dangers of not using technology. As regards problems of pollution and depletion of resources, this article describes the two environmental systems of natural capitalism and circular economy, while considering non-viable the objective of mature circular economy. As regards global warming, it discusses the available free carbon technologies and technologies under development in view of a global substitution of all conventional technologies. Environmental policies are criticized because the problem of global warming may be essentially solved by political agreements without taking account of technological implications. Scenarios of development of various green technologies are considered in the frame of various types of structural organization carrying out their development. Finally, this article observes the absence of a technological strategy considering the uncertainty about the time necessary for a full control of global warming, and the necessity to develop technologies able to mitigate its unavoidable dangerous effects.

Suggested Citation

  • Angelo Bonomi, 2022. "Technology and Environmental Policies," IRCrES Working Paper 202204, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
  • Handle: RePEc:csc:ircrwp:202204
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    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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