Carbon emission reductions under global low-carbon technology transfer and its policy mix with R&D improvement
Gaoxiang Gu,
Zheng Wang and
Leying Wu
Energy, 2021, vol. 216, issue C
Abstract:
In this study, we have developed a new integrated assessment model named CIECIA-TD to study the carbon reductions and climatic and economic impacts of global low-carbon technology transfer and its policy mix with R&D improvement. Compared with its base model, CIECIA, CIECIA-TD comprises a bottom-up technology transfer and diffusion mode for depicting the individual technology transfer behaviours. The results show that the technology transfer has significant reduction and warming mitigation effects. However, it is insufficient for achieving the 2 °C mitigation goal. The technologies transfer frequently between developed countries, achieving significant carbon reductions when the low-carbon technologies are fully shared around the world, whereas reductions of developing countries are mainly limited by their knowledge stocks and R&D investments. Climate policy mix that combines technology transfer and R&D improvement can achieve the 2 °C mitigation target. However, the economic benefits of countries are eroded as the price of global warming mitigation under this policy mix.
Keywords: Low-carbon technology transfer; Carbon reduction; Integrated assessment model (IAM); R&D investment; Process technology progress (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544220324075
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:216:y:2021:i:c:s0360544220324075
DOI: 10.1016/j.energy.2020.119300
Access Statistics for this article
Energy is currently edited by Henrik Lund and Mark J. Kaiser
More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().