The CO2 Question: Technical Progress and the Climate Crisis
We analyze green and brown R&D activity worldwide and its effects in reducing carbon emissions. Innovating companies with higher carbon emissions engage more in brown R&D and less in green R&D. Despite a steady rise in the share of green R&D, green innovation does not predict future reductions in carbon emissions of innovating firms, non-innovating firms in the same sector, firms in other sectors, and across countries, whether in the short term (one year after filing a green patent) or in the medium term (three or five years out). Rather, green innovation predicts higher indirect emissions in related industries.
Date:
6 November 2023, 16:05 (Monday, 5th week, Michaelmas 2023)
Venue:
Manor Road Building, Manor Road OX1 3UQ
Venue Details:
Skills Lab or https://zoom.us/j/92415955348?pwd=ME5ybjVBVk90aThHdkcwVnZiUWF4Zz09
Speaker:
Marcin Kacperczyk (Imperial College London)
Organising department:
Department of Economics
Part of:
Environment and Resource Economics Seminar
Booking required?:
Not required
Audience:
Members of the University only
Editor:
Emma Heritage
