CAREER: Policy for low-carbon technology investment: A comparative international perspective on emerging economy responses to climate change

低碳技术投资政策：新兴经济体应对气候变化的比较国际视角。内森·E 2010年12月马里兰大学Hultman公共政策学院本研究和教学议程将探讨新兴经济体企业投资和创新低碳技术的动机。该提案的核心研究问题是：新兴经济体的企业在做出低碳投资决策时如何应对国际和国内能源政策？该研究将评估印度、巴西、南非和韩国在太阳能光伏发电和风力发电方面的部署和国际政策参与的差异。通过实地调研和访谈，研究人员将评估这些国家和技术对低碳投资决策的主要政策影响。这项工作将有助于对能源政策作出反应的公司决策的奖学金。它还可能为国家和国际低碳技术政策的方法提供信息。通过课程和研究经验，这一建议鼓励学生将技术成果与政策驱动因素联系起来;发展对技术投资的知情的，比较的国际视角;并参与美国和国际上的这一重要政策话语。减少导致气候变化的排放将是21世纪世纪的首要任务。将全球平均地表温度上升限制在约2ºC将需要全球减排至少50？到2050年达到85%。此外，在未来25年，全球排放量增长的95%以上将发生在非经合组织经济体。这些国家对能源部门的投资将使世界其他地区的投资相形见绌：仅到2030年，最大新兴经济体的能源投资将占世界总投资的近60%？超过10万亿美元因此，任何旨在减少全球排放的政策都必须考虑到推动这些领域投资的因素。此外，气候政策可能会走向一个由国内政策并行的制度，这些政策在国际上得到协调和报告。由于这种新的相互作用的复杂性，了解投资决策对国内和国际政策的反应将是评估成功和足够雄心勃勃的向低碳经济过渡的长期国际方法的关键。

NSF CAREERPolicy for low-carbon technology investment: A comparative international perspective on emerging economy responses to climate changeDr. Nathan E. HultmanSchool of Public PolicyUniversity of MarylandDecember 2010This research and teaching agenda will probe the motivations for emerging economy firms to invest and innovate in low-carbon technology. The central research question of this proposal is: How do firms in emerging economies respond to international and domestic energy policies when making low-carbon investment decisions? The research will evaluate the differences in deployment and international policy participation in solar photovoltaic and wind electricity generation in India, Brazil, South Africa, and South Korea. Through field research and interviews, the investigators will assess the major policy influences for low-carbon investment decisions in these countries and technologies. This work will contribute to scholarship on firm decisionmaking in response to energy policies. It can also potentially inform the approach of national and international low-carbon technology policy. Through courses and research experience, this proposal encourages students to link technology outcomes with policy drivers; to develop an informed, comparative international perspective on technology investments; and to engage with this important policy discourse in the US and internationally. Reducing emissions that lead to climate change will be a paramount task in the 21st Century. Limiting global average surface temperature increases to approximately 2ºC would entail global emissions cuts of at least 50?85% by 2050. Moreover, over the next quarter-century, over 95% of the growth in global emissions will occur in the non-OECD economies. Investment flows in these countries into the energy sector will dwarf those in all other world regions: in just the period to 2030, energy investment in the largest emerging economies will constitute nearly 60% of the world total?over $10 trillion. Any policy that seeks to reduce global emissions must therefore be informed by the factors driving investment in these areas. Furthermore, climate policy is likely moving toward a regime of parallel domestic policies that are coordinated and reported internationally. Because of the complexity of this new interaction, understanding investment decisions in response to both domestic and international policies will be a key to evaluating a successful and sufficiently ambitious long-term international approach to transitioning to a low-carbon economy.