期刊
ECOLOGICAL ECONOMICS
卷 116, 期 -, 页码 132-145出版社
ELSEVIER SCIENCE BV
DOI: 10.1016/j.ecolecon.2015.03.030
关键词
Technology diffusion; NOx abatement technologies; Environmental regulations; Refunded emission payments
资金
- Swedish Energy Agency
- MISTRA research program Instrument Design for Global Climate Mitigation (INDIGO)
- Swedish International Development Cooperation Agency (SIDA)
- Universidad de los Andes
This paper studies how different NOx abatement technologies have diffused under the Swedish system of refunded emission payments (REP) and analyzes the determinants of the time to adoption. The policy, under which the charge revenues are refunded back to the regulated firms in proportion to energy output, was explicitly designed to affect investment in NOx-reducing technologies. The main finding is that REP had a significant effect on the adoption of post-combustion technologies. Moreover, we also find some indications that the effects of REP have been enhanced by the existing system of individual emission standards. In particular, the effect of REP speeding up the pace of adoption of post-combustion technologies is considerably larger in those counties where stringent standards are in place. (c) 2015 Elsevier B.V. All rights reserved.
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