Despite growing empirical evidence of the link between environmental policy and innovation, most economic models of … innovation in the energy sector. Ignoring induced technological change overstates the welfare costs of an optimal carbon tax …, as the effect of induced innovation on emissions and mean global temperature is small. Sensitivity analysis shows that …

technology, opportunity costs of research limit the role induced innovation can play. Moreover, since the backstop technology …

links energy-related R&D to changes in the price of carbon. Drawing on my experiences from empirical studies on innovation … using patents to study environmental innovation and diffusion, and discuss its implications for modeling climate change …

While many studies have looked at innovation and adoption of technologies separately, the two processes are linked …

literature on environmental innovation and diffusion, with a focus on studies relevant to the development of clean energy …

This paper examines the effect of environmental policies on technological innovation in the specific case of renewable …