, Volume 41, Supplement 1, pp 33–45 | Cite as

How Should Support for Climate-Friendly Technologies Be Designed?

  • Carolyn FischerEmail author
  • Asbjørn Torvanger
  • Manish Kumar Shrivastava
  • Thomas Sterner
  • Peter Stigson


Stabilizing global greenhouse gas concentrations at levels to avoid significant climate risks will require massive “decarbonization” of all the major economies over the next few decades, in addition to the reduced emissions from other GHGs and carbon sequestration. Achieving the necessary scale of emissions reductions will require a multifaceted policy effort to support a broad array of technological and behavioral changes. Change on this scale will require sound, well-thought-out strategies. In this article, we outline some core principles, drawn from recent social science research, for guiding the design of clean technology policies, with a focus on energy. The market should be encouraged to make good choices: pricing carbon emissions and other environmental damage, removing distorting subsidies and barriers to competition, and supporting RD&D broadly. More specific policies are required to address particular market failures and barriers. For those technologies identified as being particularly desirable, some narrower RD&D policies are available.


Climate-friendly technologies Carbon pricing Technology policies Barriers 



We gratefully acknowledge financial support from the Mistra Foundation’s Climate Policy Research Program (Clipore). Thanks also to two anonymous referees for their valuable comments. This article expands upon an earlier issue brief, Fischer (2009).


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Copyright information

© Royal Swedish Academy of Sciences 2012

Authors and Affiliations

  • Carolyn Fischer
    • 1
    Email author
  • Asbjørn Torvanger
    • 2
  • Manish Kumar Shrivastava
    • 4
  • Thomas Sterner
    • 3
  • Peter Stigson
    • 5
  1. 1.Resources for the FutureWashingtonUSA
  2. 2.CICEROOsloNorway
  3. 3.Department of EconomicsUniversity of GothenburgGothenburgSweden
  4. 4.TERINew DelhiIndia
  5. 5.IVL Swedish Environmental Research InstituteStockholmSweden

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