Accelerating Low-Carbon Innovation

By Abhishek Malhotra, Tobias S. Schmidt. 2020

178 citations recorded by the source corpus.

Summary Accelerating innovation in low-carbon technologies is fundamental in order to achieve global climate targets. However, only few technologies are currently on track to meet these targets. Here, we review and synthesize the innovation literature to develop a technology typology that helps explain systematic differences in technologies' experience rates. Based on the typology, we derive implications for policy makers and climate and energy modelers. More specifically, we argue that the Paris Agreement's focus on the national green industrial policy only suits innovation in certain types of technologies, and thus, should be complemented by top-down measures to coordinate research, development, demonstration, deployment, and regulations across countries.

Subfields: Economics and Econometrics, Industrial and Manufacturing Engineering, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/3132a8884f81f3830631b124faaa3a155af044ec

Citations in the corpus

• The green hydrogen ambition and implementation gap (2024, unknown): “However, while research has identified similarly high failure rates for complex and customized technologies 24 such as carbon capture and storage 25 , this does not apply to highly modular technologies such as solar photovoltaics (PV) and wind power 23,26 .”