Refunded Emission Payments and Diffusion of no Abatement Technologies in Sweden

Publicado en

  • Ecological Economics

Resumen

  • 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. © 2015 Elsevier B.V.

fecha de publicación

  • 2015

Líneas de investigación

  • Environmental Regulations
  • No Abatement Technologies
  • Refunded Emission Payments
  • Technology Diffusion

Página inicial

  • 132

Última página

  • 145

Volumen

  • 116