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DOI10.1002/wcc.681
The effect of carbon pricing on technological change for full energy decarbonization: A review of empirical ex-post evidence
Lilliestam J.; Patt A.; Bersalli G.
发表日期2021
ISSN1757-7780
卷号12期号:1
英文摘要In order to achieve the temperature goals of the Paris Agreement, the world must reach net-zero carbon emissions around mid-century, which calls for an entirely new energy system. Carbon pricing, in the shape of taxes or emissions trading schemes, is often seen as the main, or only, necessary climate policy instrument, based on theoretical expectations that this would promote innovation and diffusion of the new technologies necessary for full decarbonization. Here, we review the empirical knowledge available in academic ex-post analyses of the effectiveness of existing, comparatively high-price carbon pricing schemes in the European Union, New Zealand, British Columbia, and the Nordic countries. Some articles find short-term operational effects, especially fuel switching in existing assets, but no article finds mentionable effects on technological change. Critically, all articles examining the effects on zero-carbon investment found that existing carbon pricing scheme have had no effect at all. We conclude that the effectiveness of carbon pricing in stimulating innovation and zero-carbon investment remains a theoretical argument. So far, there is no empirical evidence of its effectiveness in promoting the technological change necessary for full decarbonization. This article is categorized under: Climate Economics > Economics of Mitigation. © 2020 The Authors. WIREs Climate Change published by Wiley Periodicals LLC.
关键词carbon pricingclimate policydecarbonizationtechnological change
语种英语
scopus关键词Carbon; Costs; Decarbonization; Emission control; International law; Investments; British Columbia; Effect of carbons; Emissions Trading Scheme; Empirical knowledge; Nordic countries; Operational effects; Technological change; Theoretical arguments; Economics; carbon emission; climate change; emissions trading; empirical analysis; environmental policy; investment; price dynamics; technological change; British Columbia; Canada; Europe; New Zealand; Scandinavia; Columbia
来源期刊Wiley Interdisciplinary Reviews: Climate Change
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/249680
作者单位Energy Transition Dynamics Group, Institute for Advanced Sustainability Studies (IASS), Potsdam, Germany; Faculty of Economics and Social Sciences, University of Potsdam, Potsdam, Germany; Climate Policy Group, Institute for Environmental Decisions, ETH, Zürich, Switzerland
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Lilliestam J.,Patt A.,Bersalli G.. The effect of carbon pricing on technological change for full energy decarbonization: A review of empirical ex-post evidence[J],2021,12(1).
APA Lilliestam J.,Patt A.,&Bersalli G..(2021).The effect of carbon pricing on technological change for full energy decarbonization: A review of empirical ex-post evidence.Wiley Interdisciplinary Reviews: Climate Change,12(1).
MLA Lilliestam J.,et al."The effect of carbon pricing on technological change for full energy decarbonization: A review of empirical ex-post evidence".Wiley Interdisciplinary Reviews: Climate Change 12.1(2021).
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