 “Green” innovation, privacy regulation and environmental policyWeihua Pan, Hang Cao and Ying Liu Renewable Energy, 2023, vol. 203, issue C, 245-254 Abstract: We present a Hotelling duopoly and study the relationship between privacy regulation and environmental policy in an industry in which firms invest in “green” innovation (E-R&D) to reduce emissions in production. This research concludes that governments need to set emission taxes consistent with privacy regulations. With strong privacy protections, emission taxes should be higher than the case with no privacy protections. In the asymmetric case with poor privacy regulation, the optimal emission tax is highest to achieve emissions reductions. In addition, an economic trade-off can arise from the industry profits and E-R&D investment. With weak privacy regulation, the effort of E-R&D is highest, and corporatedo the least harm to the environment, while the industrial profits are lowest due to the massive tax burden. Finally, we suggest that policymakers should (i) combine reasonable emission tax policies and green finance for renewable energy projects, (ii) conduct weak privacy regulations on green finance and renewable energy projects, and (iii) encourage uniform pricing for renewable energy products from a competition policy perspective. Keywords: E-R&D; Emission taxation; Green finance; Renewable energy; Privacy; BBPP (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:203:y:2023:i:c:p:245-254 DOI: 10.1016/j.renene.2022.12.025 Access Statistics for this article Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides More articles in Renewable Energy from Elsevier |
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