{"title":"Do market-based environmental policies encourage innovation in energy storage?","authors":"Siyu Feng","doi":"10.1007/s10018-024-00394-4","DOIUrl":null,"url":null,"abstract":"<p>Using firm-level patent data from 1978 to 2015, I examine the impact of market-based environmental policies on innovation in energy storage. My results highlight the role of environmental taxes, feed-in tariffs for solar energy and tradable certificates for CO<span>\\(_2\\)</span> emission to promote firms’ patenting activity, whereas renewable energy certificates and energy efficiency certificates discourage it. These results imply the need for more stringent market-based environmental policies to incentivize innovation in energy storage.</p>","PeriodicalId":46150,"journal":{"name":"Environmental Economics and Policy Studies","volume":null,"pages":null},"PeriodicalIF":2.3000,"publicationDate":"2024-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Environmental Economics and Policy Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1007/s10018-024-00394-4","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Using firm-level patent data from 1978 to 2015, I examine the impact of market-based environmental policies on innovation in energy storage. My results highlight the role of environmental taxes, feed-in tariffs for solar energy and tradable certificates for CO\(_2\) emission to promote firms’ patenting activity, whereas renewable energy certificates and energy efficiency certificates discourage it. These results imply the need for more stringent market-based environmental policies to incentivize innovation in energy storage.
期刊介绍：
As the official journal of the Society for Environmental Economics and Policy Studies and the official journal of the Asian Association of Environmental and Resource Economics, it provides an international forum for debates among diverse disciplines such as environmental economics, environmental policy studies, and related fields. The main purpose of the journal is twofold: to encourage (1) integration of theoretical studies and policy studies on environmental issues and (2) interdisciplinary works of environmental economics, environmental policy studies, and related fields on environmental issues. The journal also welcomes contributions from any discipline as long as they are consistent with the above stated aims and purposes, and encourages interaction beyond the traditional schools of thought.
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