ECON Seminar | Induced Innovation and International Environmental Agreements: Evidence from the Ozone Regime | Duke Kunshan University

ECON Seminar | Induced Innovation and International Environmental Agreements: Evidence from the Ozone Regime

E.g., 01/18/2021
E.g., 01/18/2021
12/14
17:00 to 18:30
IB 1050 | Online

Can international environmental agreements help with the development of new environmentally friendly technologies? This talks provides evidence that the Montreal Protocol's restrictions on chlorofluorocarbons (CFC) triggered a substantial increase in research and innovation on alternatives to ozone-depleting molecules

Eugenie Dugoua, assistant professor of environmental economics, London School of Econmics, compares CFC substitute molecules to molecules that have similar uses but are unrelated to ozone depletion. After the signing of the agreement, patents on CFC substitutes increase by 400 percent and scientific articles by 500 percent compared to the control group. The findings from Montreal give hope that environmental agreements can be the trigger to developing technological solutions to the problem of climate change.

On campus: IB 1050
Zoom Meeting ID: 337-654-4920
https://duke.zoom.us/j/3376544920