We analyze green and brown R&D activity worldwide and its effects in reducing carbon emissions. Innovating companies with higher carbon emissions engage more in brown R&D and less in green R&D. Despite a steady rise in the share of green R&D, green innovation does not predict future reductions in carbon emissions of innovating firms, non-innovating firms in the same sector, firms in other sectors, and across countries, whether in the short term (one year after filing a green patent) or in the medium term (three or five years out). Rather, green innovation predicts higher indirect emissions in related industries.
Environmental Economics Seminar Series
Every Monday from 4.05 to 5.05 pm in Michaelmas Term
In person details: Manor Road Building Skills Lab - Tea and cake will be served 15 minutes beforehand.
Zoom details: Zoom link - Meeting ID: tbc - Password: 111133
For further information please contact Fulvia Marotta: fulvia.marotta@ouce.ox.ac.uk