Climate Change, Directed Innovation, and Energy Transition: The Long-run Consequences of the Shale Gas Revolution
Climate Change, Directed Innovation, and Energy Transition: The Long-run Consequences of the Shale Gas Revolution
复制标题
气候变化、定向创新和能源转型:页岩气革命的长期后果
DOI:
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发表时间:
2023
期刊:
影响因子:
--
通讯作者:
P. Aghion
中科院分区:
文献类型:
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作者:
Daron Acemoglu;David Hémous;Lint Barrage;P. Aghion
The shale gas revolution can potentially reduce CO2 emissions in the short-run in countries which depend heavily on coal. Yet, it may also discourage innovation in green technologies, leading to lower emissions in the long-run. We document that the shale gas revolution was accompanied by a collapse in innovation in green electricity. We build a model of directed technical change where energy is produced using coal, and/or natural gas, and/or a green source of energy. We derive conditions under which, as a result of the above trade-off, the shale gas revolution reduces emissions in the short-run but increases emissions in the long-run. We then use data on electricity production to calibrate the model.
影响因子:
8.2
作者:
P. Aghion;Antoine Dechezleprêtre;David Hémous;Ralf Martin;J. Van Reenen
通讯作者:
P. Aghion;Antoine Dechezleprêtre;David Hémous;Ralf Martin;J. Van Reenen
DOI:
10.2139/ssrn.3569385
发表时间:
2020
期刊:
SSRN Electronic Journal
影响因子:
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作者:
Aghion P
通讯作者:
Aghion P