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Emissions Trading and Innovation
A Theoretical and Empirical Analysis with a Specific Focus on the German Electricity Industry
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Focusing on the German electricity sector, this book evaluates the effectiveness of emissions trading in fostering climate change innovation. It employs both theoretical and empirical methods, utilizing an algebraic model to compare profits under different design options and conducting surveys before and after the trading scheme's implementation. The findings suggest that while the emissions trading system has made some progress in encouraging innovation, it has not yet reached its full potential for transforming the electricity industry towards greater sustainability.
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Emissions Trading and Innovation, Martin Cames
- Language
- Released
- 2015
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- (Paperback)
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- Title
- Emissions Trading and Innovation
- Subtitle
- A Theoretical and Empirical Analysis with a Specific Focus on the German Electricity Industry
- Language
- English
- Authors
- Martin Cames
- Released
- 2015
- Format
- Paperback
- Pages
- 204
- ISBN13
- 9783838115795
- Category
- Political Science / Politics
- Description
- Focusing on the German electricity sector, this book evaluates the effectiveness of emissions trading in fostering climate change innovation. It employs both theoretical and empirical methods, utilizing an algebraic model to compare profits under different design options and conducting surveys before and after the trading scheme's implementation. The findings suggest that while the emissions trading system has made some progress in encouraging innovation, it has not yet reached its full potential for transforming the electricity industry towards greater sustainability.