This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can … innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies … technical progress in the energy sector. We evaluate a range of innovation policies, both as a stand-alone instrument and in …

available low carbon mitigation options, can promote innovation in new technologies and eventually generate welfare gains. We … 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 …