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EU Emissions Trading: Policy-Induced Innovation, or Business as Usual? Findings from Company Case Studies in the Republic of Croatia

Martin Larsson   ORCID icon orcid.org/0000-0002-3285-2799

Puni tekst: engleski, pdf (581 KB) str. 5-63 preuzimanja: 213* citiraj
APA 6th Edition
Larsson, M. (2017). EU Emissions Trading: Policy-Induced Innovation, or Business as Usual? Findings from Company Case Studies in the Republic of Croatia. Radni materijali EIZ-a, (5), 5-63. Preuzeto s https://hrcak.srce.hr/187798
MLA 8th Edition
Larsson, Martin. "EU Emissions Trading: Policy-Induced Innovation, or Business as Usual? Findings from Company Case Studies in the Republic of Croatia." Radni materijali EIZ-a, vol. , br. 5, 2017, str. 5-63. https://hrcak.srce.hr/187798. Citirano 24.07.2021.
Chicago 17th Edition
Larsson, Martin. "EU Emissions Trading: Policy-Induced Innovation, or Business as Usual? Findings from Company Case Studies in the Republic of Croatia." Radni materijali EIZ-a , br. 5 (2017): 5-63. https://hrcak.srce.hr/187798
Harvard
Larsson, M. (2017). 'EU Emissions Trading: Policy-Induced Innovation, or Business as Usual? Findings from Company Case Studies in the Republic of Croatia', Radni materijali EIZ-a, (5), str. 5-63. Preuzeto s: https://hrcak.srce.hr/187798 (Datum pristupa: 24.07.2021.)
Vancouver
Larsson M. EU Emissions Trading: Policy-Induced Innovation, or Business as Usual? Findings from Company Case Studies in the Republic of Croatia. Radni materijali EIZ-a [Internet]. 2017 [pristupljeno 24.07.2021.];(5):5-63. Dostupno na: https://hrcak.srce.hr/187798
IEEE
M. Larsson, "EU Emissions Trading: Policy-Induced Innovation, or Business as Usual? Findings from Company Case Studies in the Republic of Croatia", Radni materijali EIZ-a, vol., br. 5, str. 5-63, 2017. [Online]. Dostupno na: https://hrcak.srce.hr/187798. [Citirano: 24.07.2021.]

Sažetak
The European Union Emissions Trading Scheme (EU ETS), while primarily designed to reduce greenhouse gas emissions in an effective and efficient way, is supposed to serve as an instrument promoting investments in clean, low-carbon technologies by way of incentivizing associated innovation activity. Since empirical results concerning the instrument´s capacity of reaching this secondary policy goal are rare, this paper examines the innovation impact of the EU ETS among emissions-intensive companies in the Republic of Croatia. To this end the effects of the instrument on research, development and demonstration (RD&D), adoption, and organizational change are examined. The study accounts for the impacts of various context factors, including firm-external and firm-internal variables. The empirical analysis employs a multiple case study approach. While findings support the assertion that policy-induced innovation effects arise from the pricing of carbon, the innovation-fostering capacity of the instrument remains limited due to continued low levels of policy stringency and predictability. Long-term expectations of market actors appear to play a decisive role in decisions surrounding innovation activity, suggesting that signals of policy commitment are highly influential.

Ključne riječi
European Union; emissions trading; Croatia; carbon; climate policy

Hrčak ID: 187798

URI
https://hrcak.srce.hr/187798

[hrvatski]

Posjeta: 505 *