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Accelerating the rate of innovation in energy is a critical component of any effective response to the threat of climate change. This book is designed to contribute to the debate as to how this can best be done through a focus on the history of four sectors of the US economy that have...
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We develop a methodology for testing Hick's induced innovation hypothesis by estimating a product-characteristics model of energy-using consumer durables, augmenting the hypothesis to allow for the influence of government regulations. For the products we explored, the evidence suggests: (i) that...
Persistent link: https://www.econbiz.de/10014159298
We develop a methodology for testing Hick?s induced innovation hypothesis by estimating a product-characteristics model of energy-using consumer durables, augmenting the hypothesis to allow for the influence of government regulations. For the products we explored, the evidence suggests: (i) that...
Persistent link: https://www.econbiz.de/10014159603
The relationship between technological change and environmental policy has received increasing attention from scholars and policy makers alike over the past ten years. This is partly because the environmental impacts of social activity are significantly affected by technological change, and...
Persistent link: https://www.econbiz.de/10014116844
Re-orienting current energy systems toward a far greater reliance on technologies with low or no carbon dioxide emissions is an immense challenge. At the broadest level the histories presented here are very much consistent with widely held views within the energy innovation policy literature. In...
Persistent link: https://www.econbiz.de/10013038436
It follows from Hicks' induced innovation hypothesis that rising energy prices in the last two decades should have induced energy-saving innovation. We formulate the hypothesis concretely using a product-characteristics model of energy-using consumer durables, augmenting Hicks' hypothesis to...
Persistent link: https://www.econbiz.de/10013217202