The “ advancedness ” of knowledge in pollution-saving technological change with a qualitative application to SO 2 cap and trade

This paper investigates the extent to which ‘advanced’ knowledge and technology is likely to play a role in reducing greenhouse gas (GHG) emission in future by looking at the role that advanced knowledge and technology played in the technological change process that reduced SO2 emissions under the US SO2 cap and trade program. It investigates the hypothesis… CONTINUE READING