Incentives for environmental technological innovation in emission trading

Author

Yan, Wei ; Tang, Deshan

Author_Institution

Key Lab. of Mine Disaster Prevention & Control, CREE of Shandong Univ. of Sci. & Technol., Qingdao, China

fYear

2011

fDate

24-26 June 2011

Firstpage

3206

Lastpage

3210

Abstract

The incentive model was set up to totally explain the incentive issues on the environmental technological innovation of firms in emission trading as viewed from welfare, introducing the function of trading cost based on the Fischer endogenetic technological innovation model. The process of environmental technological innovation considering trading cost was solved. We find that the optimal pollution abatement is related to such factors as price of emission trading, marginal trading cost, current technology and so on. Therefore, the suboptimal equilibrium rather than the most efficient abatement is obtained. We also sum up six components on incentives for environmental technological innovation of firms in emission trading, which is a contributor to complete describe for incentive environmental technological innovation of firms in emission trading.

Keywords

environmental economics; incentive schemes; innovation management; pollution control; technology management; Fischer endogenetic technological innovation model; emission trading; environmental technological innovation; incentives; optimal pollution abatement; welfare; Cost function; Environmental economics; Mathematical model; Patents; Pollution; Springs; Technological innovation; emission trading; environmental technological innovation; incentive; trading cost;

fLanguage

English

Publisher

ieee

Conference_Titel

Remote Sensing, Environment and Transportation Engineering (RSETE), 2011 International Conference on

Conference_Location

Nanjing

Print_ISBN

978-1-4244-9172-8

Type

conf

DOI

10.1109/RSETE.2011.5964996

Filename

5964996