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  • 标题:Innovation Benefits from Nuclear Phase-out: Can they Compensate the Costs?
  • 本地全文:下载
  • 作者:Enrica De Cian ; Samuel Carrara ; Massimo Tavoni
  • 期刊名称:FEEM Working Papers / Fondazione Eni Enrico Mattei = Nota di Lavoro
  • 出版年度:2012
  • 卷号:2012
  • 出版社:Milano
  • 摘要:This paper investigates whether an inefficient allocation of abatement, due to constraints on the use of currently available low carbon mitigation options, can promote innovation in new technologies and eventually generate welfare gains. We focus on the case of nuclear power phase out, when accounting for endogenous technical change in energy efficiency and in low carbon technologies. The analysis uses the Integrated Assessment Model WITCH, which features multiple externalities due to both climate and innovation market failures. Our results show that phasing out nuclear power stimulates additional R&D investments and deployment of infant technologies with large learning potential. The innovation benefits which this would generate and that would not otherwise be captured due to intertemporal and international externalities almost completely offset the economic costs of phasing out nuclear power. The technological change benefit depends on the stringency of the climate policy and is distributed unevenly across countries.
  • 关键词:Technological change; Climate policy; Nuclear phase-out
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