The innovation impact of the EU Emission Trading System — Findings of company case studies in the German power sector

Rogge, Karoline S.; Schneider, Malte; Hoffmann, Volker H.

doi:10.1016/j.ecolecon.2010.09.032

Cited by 268 publications

(134 citation statements)

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“…The research framework developed in Rogge et al (2011) and originally applied to the power sector allows for a more complete understanding of how and to what extent the EU ETS affects innovation activities. Since the framework also The role of the regulatory framework for innovation activities:…”

Section: Resultsmentioning

confidence: 99%

“…That is, in contrast to the power sector, public opinion does not tend to work as a corrective of potentially CO 2 -counter-productive policies or investment trends (Rogge et al 2011).…”

Section: General Tendenciesmentioning

confidence: 99%

“…In order to investigate the innovation impact of the EU ETS, we rely on Rogge et al (2011) and employ a research framework which combines insights from environmental economics (Jaffe et al 2002, Popp et al 2010) and innovation studies (Fagerberg and Verspagen 2009 (Armbruster et al 2008, Christensen and Rosenbloom 1995, Edquist 1997, we distinguish between procedural, structural and vision change.…”

Section: Research Frameworkmentioning

confidence: 99%

“…However, the empirical evidence on the actual innovation impact is limited and focuses -with the exception of Pontoglio (2010) -on the power sector. For this sector, studies show that initially the EU ETS' actual effects on technological innovation have been limited, but that the scheme resulted in noticeable organizational changes (Hoffmann 2007, McKinsey&Company and Ecofys 2006, Rogge et al 2011, Cames 2010.…”

Section: Introductionmentioning

confidence: 99%

“…In doing so, we apply a research framework that takes into consideration not only the EU ETS, but also other policies of the regulatory framework, market factors and public acceptance (Rogge et al 2011).Our descriptive anal-1 This research was funded by the German federal state of Baden-Württemberg within the research program "Lebensgrundlage Umwelt und ihre Sicherung". The study also benefited from a parallel research project on the innovation impact of international climate policy jointly conducted by Fraunhofer ISI and ETH Zürich and funded by the Volkswagen Foundation.…”

Section: Introductionmentioning

confidence: 99%

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The role of the regulatory framework for innovation activities: the EU ETS and the German paper industry

Rogge

Schleich

Haussmann³

et al. 2011

IJTPM

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. The role of the regulatory framework for innovation activities: The EU ETS and the German paper industry Terms of use: Documents in EconStor may AbstractBased on a research framework which combines environmental economics and innovation studies, we explore the relevance of the regulatory framework for innovation activities in the German paper industry, with a focus on climate policies. Innovation activities considered include research and development, adoption and organizational change. Empirically, we mainly rely on the survey data of paper producers and technology providers. Findings suggest that innovation activities are mainly governed by market factors and (as yet) are hardly affected by the European Emission Trading System and other climate policies. Also, the impact of these policies on innovation activities is lower for technology providers than for paper producers. However, the majority of companies expect the effects of the regulatory climate policy framework on innovation to increase by 2020.

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Section: Resultsmentioning

confidence: 99%

“…That is, in contrast to the power sector, public opinion does not tend to work as a corrective of potentially CO 2 -counter-productive policies or investment trends (Rogge et al 2011).…”

Section: General Tendenciesmentioning

confidence: 99%

Section: Research Frameworkmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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The role of the regulatory framework for innovation activities: the EU ETS and the German paper industry

Rogge

Schleich

Haussmann³

et al. 2011

IJTPM

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Eco‐efficiency: GHG reduction related environmental and economic performance. The case of the companies participating in the EU Emissions Trading Scheme

Czerny

Letmathe

2017

Bus Strat Env

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Empirical findings on eco‐efficiency are still inconsistent. Using survey data based on a sample of 283 European carbon‐intensive companies participating in the EU ETS between 2005 and 2012, this article investigates the causal relationships between the corporate environmental strategy focus, proactive GHG reductions and related environmental and economic performance, while taking into account an important contingent factor: the initial state of technology. The study's findings show that eco‐efficiency was generally not obvious among the companies during the first two trading periods. It furthermore indicates that GHG emissions were generally not reduced cost‐effectively, as companies' intrinsic values were more likely to have influenced carbon reduction related decisions to a greater degree than the economic incentives resulting from the market mechanisms of the ETS. The results not only shed light on firm behavior with regard to technology management but also provide insights for policy makers into how to stimulate more cost‐effective environmental investments. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment

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Stakeholder pressures and corporate climate change mitigation strategies

Čadež

Czerny²,

Letmathe³

2018

Bus Strat Env

204

143

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Climate change mitigation and its related reduction of greenhouse gas (GHG) emissions is one of the most important challenges facing society. The major cause of the problem and the key to its solution are GHG‐intensive firms that emit vast amounts of anthropogenic GHG emissions. The study reported herein aims to increase our understanding of the climate change mitigation strategies of these firms, in particular their antecedents and effects. A comprehensive conceptual model is proposed and tested empirically based on a survey of 247 firms that participated in the European Union's Emissions Trading Scheme in the first two trading periods. We find that market pressures for reducing GHG emissions, perceived GHG‐related regulatory uncertainty and environmental strategy focus are important determinants of corporate GHG reduction strategies which, in turn, enhance GHG‐related performance. We also show that the results vary depending on the type of emissions.

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The innovation impact of the EU Emission Trading System — Findings of company case studies in the German power sector

Cited by 268 publications

References 43 publications

The role of the regulatory framework for innovation activities: the EU ETS and the German paper industry

The role of the regulatory framework for innovation activities: the EU ETS and the German paper industry

Eco‐efficiency: GHG reduction related environmental and economic performance. The case of the companies participating in the EU Emissions Trading Scheme

Stakeholder pressures and corporate climate change mitigation strategies

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