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UID:submissions.pasc-conference.org_PASC24_sess110_msa115@linklings.com
SUMMARY:Green Energy Transition: Decarbonisation of Developing Countries a
 nd the Role of Technological Spillovers
DESCRIPTION:Minisymposium\n\nAleksandra Friedl (ifo Institut)\n\nThe green
  energy transition is necessary within the next few decades to mitigate cl
 imate change.\nIn the paper, I explore the effectiveness of carbon pricing
  and the role of technological spillovers in\nachieving decarbonization, w
 ith a particular focus on the challenges faced by developing countries.\nI
  develop a two-region integrated assessment model that incorporates fossil
  fuel and renewable\nenergy sources to investigate the quantitative impact
  of spillovers on decarbonization in developing\ncountries.  In solving th
 e model, I rely on the deep equilibrium nets as a global solution method. 
  \nThe findings indicate that technological spillovers in developing count
 ries contribute to\nthe replacement of fossil fuels with renewable energy 
 inputs. The study suggests that implementing\ncarbon taxation in both adva
 nced and developing regions, along with technological spillovers, yields\n
 the most favorable outcomes for the climate. However, the absence of carbo
 n tax in developing\ncountries with spillovers still delivers slightly bet
 ter environmental results compared to taxing both\nregions without spillov
 ers. The results emphasize the importance of considering spillovers and\nc
 arbon taxation when designing effective policies to achieve environmental 
 goals.\n\nDomain: Applied Social Sciences and Humanities, Computational Me
 thods and Applied Mathematics\n\nSession Chairs: Aleksandra Friedl (ifo In
 stitut), Simon Scheidegger (University of Lausanne), and Yucheng Yang (Uni
 versity of Zurich)
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