Schmidt, Robert C.; Marschinski, Robert - In: Ecological Economics 69 (2009) 2, pp. 435-444
Models with induced technological change in the energy sector often predict a gradual expansion of renewable energies …-saving policies can actually lead to higher emissions, as they reduce the incentives to invest in renewable energies by having a … incentives to invest in renewable energies. Finally, we discuss the influence of monopoly power in the market for innovations. We …