Discussion Papers no. 584
On general versus emission saving R&D support
We analyse welfare effects of supporting general versus emission saving technological development when carbon emissions are regulated by a carbon tax. We use a computable general equilibrium model with induced technological change (ITC). ITC is driven by two separate, economically motivated research and development (R&D) activities, one general and one emission saving specified as carbon capture and storage. We study public revenue neutral policy alternatives targeted towards general R&D and emission saving R&D. Support to general R&D is the welfare superior, independent of the level of international carbon price. However, the welfare gap between the two R&D policy alternatives is reduced if the carbon price increases.
Om publikasjonen
- Tittel
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On general versus emission saving R&D support
- Ansvarlige
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Brita Bye, Karl Jacobsen
- Serie og -nummer
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Discussion Papers no. 584
- Utgiver
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Statistics Norway
- Emne
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Discussion Papers
- Antall sider
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38
- Målform
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Engelsk
- Om Discussion Papers
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Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.
Kontakt
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