Environmental and technology policies for climate mitigation
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Several studies show that policy mixes inclusive of both carbon pricing and policies targeting one or more market failures can achieve emission reductions at significantly lower costs than any single policy.
“Several studies show that policy mixes inclusive of both carbon pricing and policies targeting one or more of said failures can achieve emission reductions at significantly lower costs than any single policy (Fischer and Newell, 2008; Fischer and Preonas, 2010; Acemoglou et al ., 2012; Fischer et al ., 2017).”
From The EU ETS and its companion policies: any insight for China's ETS? (2021) · cites this paper as Fischer and Newell, 2008
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The threat to climate change mitigation posed by the abundance of fossil fuels.
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Low-carbon innovation induced by emissions trading in China
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The effectiveness of China’s regional carbon market pilots in reducing firm emissions
Cui, J., Wang, C., Zhang, J., & Zheng, Y. (2021) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.2109912118 · Cited by 349 · see citing works
Sequencing to ratchet up climate policy stringency
Pahle, M., Burtraw, D., Flachsland, C., Kelsey, N., Biber, E., Meckling, J., Edenhofer, O., & Zysman, J. (2018) · Nature Climate Change · doi:10.1038/s41558-018-0287-6 · Cited by 271 · see citing works
Popp, D. (2010) · Annual Review of Resource Economics · doi:10.1146/annurev.resource.012809.103929 · Cited by 217 · see citing works
Kriegler, E., Riahi, K., Bauer, N., Schwanitz, V. J., Petermann, N., Bosetti, V., Marcucci, A., Otto, S., Paroussos, L., Rao, S., et al. (2015) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2013.09.021 · Cited by 181 · see citing works
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“Moreover, investments in innovation and the deployment of innovative technologies give rise to knowledge and learning spillovers, which constitute a positive externality [138,139].”
BackgroundComplementing carbon prices with technology policies to keep climate targets within reach
Bertram, C., Luderer, G., Pietzcker, R. C., Schmid, E., Kriegler, E., & Edenhofer, O. (2015) · Nature Climate Change · doi:10.1038/nclimate2514 · Cited by 164 · see citing works
Energy Efficiency Economics and Policy
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Self-citationMarkets for Pollution Allowances: What Are the (New) Lessons?
Goulder, L. H. (2013) · Journal of Economic Perspectives · doi:10.1257/jep.27.1.87 · Cited by 132 · see citing works
Carbon abatement with renewables: Evaluating wind and solar subsidies in Germany and Spain
Abrell, J., Kosch, M., & Rausch, S. (2019) · Journal of Public Economics · doi:10.1016/j.jpubeco.2018.11.007 · Cited by 105 · see citing works
Goulder, L. H., Long, X., Lu, J., & Morgenstern, R. D. (2022) · Journal of Environmental Economics and Management · doi:10.1016/j.jeem.2021.102561 · Cited by 99 · see citing works
CO2 abatement from renewables in the German electricity sector: Does a CO2 price help?
Weigt, H., Ellerman, D., & Delarue, E. (2013) · Energy Economics · doi:10.1016/j.eneco.2013.09.013 · Cited by 77 · see citing works
The EU ETS and its companion policies: any insight for China's ETS?
Verde, S. F., Galdi, G., Alloisio, I., & Borghesi, S. (2021) · Environment and Development Economics · doi:10.1017/s1355770x20000595 · Cited by 39 · see citing works
“…show that policy mixes inclusive of both carbon pricing and policies targeting one or more of said failures can achieve emission reductions at significantly lower costs than any single policy (Fischer and Newell, 2008; Fischer and Preonas, 2010; Acemoglou et al., 2012; Fischer et al., 2017).”
Background
- Authors
- Fischer, C., & Newell, R. G.
- Affiliations
- Resources For The Future (US)
- Duke University (US)
- Corresponding author
- Newell, Richard G.
- Venue
- Journal of Environmental Economics and Management
- Publisher
- Elsevier BV
- Published
- 2008-03
- Volume
- 55
- Issue
- 2
- Pages
- 142-162
- ISSN
- 0095-0696 (ISSN-L)
- OpenAlex
- W2120665403
- Cited by
- 1,157
- References
- 0
- Citations by year
- 2026: 67 · 2025: 65 · 2024: 66 · 2023: 48 · 2022: 59 · 2021: 58 · 2020: 45 · 2019: 62 · 2018: 74 · 2017: 59 · 2016: 82 · 2015: 80 · 2014: 86 · 2013: 69 · 2012: 61
- FWCI
- 80.99
- Type
- journal article
- Language
- en
- Open access
- green
- hdl.handle.net
- Licence
- cc-by-nc-nd
- www.elsevier.com/tdm/userlicense/1.0/ (tdm)
- Locations
- Journal of Environmental Economics and Management (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- DukeSpace (Duke University) (submittedVersion, cc-by-nc-nd)
- VU Research Portal (submittedVersion)
- Data Archiving and Networked Services (DANS) (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
- Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Renewable energy and sustainable power systems
- Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Energy, Environment, and Transportation Policies
- Keywords
- climate change mitigation policy, CO2 emission reduction, renewable energy innovation, technology diffusion, knowledge spillovers, R&D subsidies, emissions pricing, fossil fuel taxes, renewable energy subsidies, hands-on learning, electric utilities, policy portfolio
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
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