Antoine Dechezleprêtre

Low-carbon innovation has risen in Europe, but the EU’s Emissions Trading Scheme may not be the main factor in this growth.

The EU’s Emissions Trading Scheme (EU ETS) was launched in 2005 as a major part of Europe’s strategy for tackling climate change. As Raphael Calel and Antoine Dechezlepretre write, at its launch, there were fears that the scheme would not offer sufficient incentives to encourage research in low carbon technologies. Based on an analysis of European companies before and after […]

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Low-carbon innovation is up in Europe, but not because of the EU Emissions Trading Scheme

Since the introduction of the EU’s Emissions Trading Scheme (ETS), there has been a surge in low carbon technology. Yet, Raphael Calel and Antoine Dechezleprêtre argue that this increase in low carbon innovation has not been a result of the ETS. Their research indicates there is actually little difference in patenting rates for low carbon technologies between countries that are and are not part of the […]

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