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Roger Fouquet

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Roger Fouquet

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Roger Fouquet

This timely research review discusses a selection of key articles on the economics of renewable energy. From a modest role as a backstop technology in the 1970s to a central role in low carbon transitions today, the review reveals the emergence and growing importance of this sub-field of economics. Topics covered include the costs of renewable power (taking account of issues related to technological development, intermittency and interconnection), policies that promote renewable energy development, its public and private demand, and its impact on the environment and the economy. This comprehensive and indispensible review serves as an essential source of reference for students and researchers.
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Roger Fouquet

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Robert Halvorsen

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Robert Halvorsen

This Research Review presents forty-six of the most important and influential journal articles by some of the leading scholars in the field and addresses some of the most problematic issues concerning the sustainability of the world economy. Subjects included are: an introduction to the economics of nonrenewable resources; theoretical foundations for the field; nonhomogeneous resources; exploration and uncertainty; market structure; taxation and global climate change. The collection concludes with a discussion of the empirical research and the extent to which nonrenewable resources constrain economic growth as well as the consistency of the theoretical predictions of Hotelling-type models with actual economic outcomes. With an original introduction by the editor, this collection will be an important resource for students, academics and practitioners.
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Robert Halvorsen

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Firms, Finance and Sustainable Transitions

The Financial Constraints of Eco-Innovation Companies

Edgardo Sica

This thought-provoking book introduces a financial economics perspective to the topic of eco-innovations and, more generally, sociotechnical transitions. It develops a model that illustrates how financial constraints can prevent the development of eco-innovations within companies and hinder the transition process towards a more sustainable regime. Edgardo Sica presents a review of the state of the art, as well as new data from original surveys aimed at testing the impact of financial constraints on eco-innovative decisions at radical and niche levels.
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Edgardo Sica

This chapter reports the findings achieved from an ad hoc survey which investigates the financial constraints of eco-innovative companies at niche level. In other words, it explores the way financial constraints may affect the niche readiness by hampering the development of radical EIs. In particular, readiness is measured in terms of (1) networking activity within the niche, (2) level of knowledge of niche actors and (3) expectations of actors about the future development of the niche. The survey was administrated to the companies operating in the anaerobic digestion and biogas niche, both in England and Italy. This niche represents an interesting case study since it takes simultaneously into account the most relevant domains that can actively contribute to the transition towards a more sustainable regime, that is, energy, food and mobility.