STRATECHPOL

Strategic Clean Technology Policies for Climate Change

Coordinatore	FONDAZIONE ENI ENRICO MATTEI    more  Organization address address: Corso Magenta 63 city: MILANO postcode: 20123 contact info Titolo: Ms. Nome: Monica Cognome: Eberle Email: send email Telefono: +39 041 2700437 Fax: +39 041 2700412
Nazionalità Coordinatore	Italy [IT]
Totale costo	241˙567 €
EC contributo	241˙567 €
Programma	FP7-PEOPLE Specific programme "People" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013)
Code Call	FP7-PEOPLE-2013-IIF
Funding Scheme	MC-IIF
Anno di inizio	2014
Periodo (anno-mese-giorno)	2014-07-08   -   2016-12-07

 Partecipanti

#	participant	country	role	EC contrib. [€]
1	FONDAZIONE ENI ENRICO MATTEI  Organization address address: Corso Magenta 63 city: MILANO postcode: 20123 contact info Titolo: Ms. Nome: Monica Cognome: Eberle Email: send email Telefono: +39 041 2700437 Fax: +39 041 2700412	IT (MILANO)	coordinator	241˙567.60

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 Obiettivo del progetto (Objective)

'Renewable energy targets and support programs form a major part of efforts to reduce greenhouse gas emissions in the E.U. and abroad—but not without controversy. Recent studies indicate that the implied abatement costs from European renewable energy policies are significantly higher than corresponding ETS allowance prices. Furthermore, the generators that benefit from these policies already operate in a market subject to the ETS cap, meaning that additional abatement via renewable energy can be offset by reduced effort among other covered units.

Overlapping policy instruments can be justified by overlapping policy goals. In addition to domestic emissions abatement, stated rationales for renewable energy support include promoting technological innovation, exports, employment and energy security. One question is whether the extra cost of abatement from renewables over other alternatives is outweighed by these other benefits. Another is whether green industrial policy and trade promotion is consistent with WTO obligations.

I propose to explore the value of clean technology programs above and beyond their emissions abatement potential, with a focus on innovation. The approach will blend economic theory, modeling, and empirical techniques and extend the literatures on environmental policy and induced innovation, directed technical change, and strategic trade policies. The methods will address key questions for interdisciplinary research in trade law and the environment. To what extent do clean energy technologies exhibit stronger external benefits than other innovating technologies, and to what extent do popular clean technology policies bring forth those benefits? Of particular interest is the potential role of international spillovers in clean energy technologies as a justification for aggressive renewable energy support, and whether the economics indicate that WTO law should make more room for green industrial policy.'