Publication
Jan 2010
Control of carbon dioxide emissions in developing countries is becoming a key issue in the international climate policy. A critical element for achieving substantial emission reduction in those countries is the installment of new energy technologies. Drawing on the framework of poverty-trap models in development economics, we discuss how climate policy affects the transition of energy technologies in a developing economy. We show that while a moderate carbon policy could promote transition to low-emission energy technology, too stringent policy in a relatively poor economy may rather hinder the process by reducing the economy’s financing capacity as to building new energy infrastructure.
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English (PDF, 21 pages, 339 KB) |
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Author | Daiju Narita |
Series | Kiel Institute Working Papers |
Issue | 1590 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2010 Kiel Institute for the World Economy |