Presentation
Green Energy Transition: Decarbonisation of Developing Countries and the Role of Technological Spillovers
Presenter
DescriptionThe green energy transition is necessary within the next few decades to mitigate climate change.
In the paper, I explore the effectiveness of carbon pricing and the role of technological spillovers in
achieving decarbonization, with a particular focus on the challenges faced by developing countries.
I develop a two-region integrated assessment model that incorporates fossil fuel and renewable
energy sources to investigate the quantitative impact of spillovers on decarbonization in developing
countries. In solving the model, I rely on the deep equilibrium nets as a global solution method.
The findings indicate that technological spillovers in developing countries contribute to
the replacement of fossil fuels with renewable energy inputs. The study suggests that implementing
carbon taxation in both advanced and developing regions, along with technological spillovers, yields
the most favorable outcomes for the climate. However, the absence of carbon tax in developing
countries with spillovers still delivers slightly better environmental results compared to taxing both
regions without spillovers. The results emphasize the importance of considering spillovers and
carbon taxation when designing effective policies to achieve environmental goals.
In the paper, I explore the effectiveness of carbon pricing and the role of technological spillovers in
achieving decarbonization, with a particular focus on the challenges faced by developing countries.
I develop a two-region integrated assessment model that incorporates fossil fuel and renewable
energy sources to investigate the quantitative impact of spillovers on decarbonization in developing
countries. In solving the model, I rely on the deep equilibrium nets as a global solution method.
The findings indicate that technological spillovers in developing countries contribute to
the replacement of fossil fuels with renewable energy inputs. The study suggests that implementing
carbon taxation in both advanced and developing regions, along with technological spillovers, yields
the most favorable outcomes for the climate. However, the absence of carbon tax in developing
countries with spillovers still delivers slightly better environmental results compared to taxing both
regions without spillovers. The results emphasize the importance of considering spillovers and
carbon taxation when designing effective policies to achieve environmental goals.
TimeWednesday, June 512:30 - 13:00 CEST
LocationHG D 1.2
Session Chairs
Event Type
Minisymposium
Applied Social Sciences and Humanities
Computational Methods and Applied Mathematics