Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Energy Efficiency and Innovation Location: B132 Session Chair: Eva Franzmeyer, European University Institue | |
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The Environmental Bias of Industrial Policy 1: ETH Zürich, Switzerland; 2: ZEW Mannheim, Germany We take stock of the current practices of industrial policies in the EU. We show that industrial policies in the EU on average favour more emission intensive sectors over less emission intensive sectors, and more emission intensive firms over less emission intensive firms. On average, between 2016 and 2019, each additional tonne of carbon was awarded a support premium of 7 EUR. We show that this emissions premium does not derive from grants which are more likely to help firms transition toward cleaner production technologies, but from tax advantages. This premium has the potential to substantially decrease incentives set by carbon pricing. We find that the emissions premium inherent in the EU’s industrial policies is neither explained by heavier lobbying of emission intensive sectors and firms, nor by higher employment, trade exposure, or upstreamness. | |