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DOI | 10.1016/j.enpol.2018.04.063 |
Public-private partnerships as a policy response to climate change | |
Buso, Marco1; Stenger, Anne2,3 | |
2018-08-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2018 |
卷号 | 119页码:487-494 |
文章类型 | Article |
语种 | 英语 |
国家 | Italy; France |
英文摘要 | The negative impacts of climate change on the environment and economic activities are increasingly obvious and relevant. Private response to this threat often proves to be inadequate. For example, empirical evidence reveals a sub-optimal investment by firms in energy efficiency projects capable of reducing energy costs and CO2 emissions, as well as adaptation projects able to reduce the vulnerability of the ecosystem. On the other hand, past public programs that provided financial subsidies to the above-mentioned projects have proven to be not particularly cost-effective or able to enhance final performances. In this paper, as an alternative to public subsidies, we propose and assess the opportunity to implement Public-Private Partnerships (PPPs) where the public regulator plays a more active role in the investment choice. Precisely, we model the decision-making process through a Nash bargaining procedure between public and private actors. We end up with two main results: (i) compared to public subsidies, the use of PPPs leads to higher outcomes/performances and allows governments to overcome incompleteness in contracts; (ii) PPPs are optimally chosen only when there is a fair allocation of the bargaining power between the two sides and when bargaining procedures are not perceived as being too lengthy or costly. |
英文关键词 | Climate change Public-private partnership Adaptation Energy efficiency |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000439671200044 |
WOS关键词 | ENERGY-EFFICIENCY GAP ; CHANGE ADAPTATION ; MARKET FAILURES |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/19129 |
专题 | 气候变化 |
作者单位 | 1.Univ Padua, Interdept Ctr Giorgio Levi Cases, CRIEP Interuniv Res Ctr Publ Econ, Via Santo 33, I-35123 Padua, Italy; 2.AgroParisTech, INRA, BETA, 61 Ave Foret Noire, F-67000 Strasbourg, France; 3.Univ Strasbourg, 61 Ave Foret Noire, F-67000 Strasbourg, France |
推荐引用方式 GB/T 7714 | Buso, Marco,Stenger, Anne. Public-private partnerships as a policy response to climate change[J]. ENERGY POLICY,2018,119:487-494. |
APA | Buso, Marco,&Stenger, Anne.(2018).Public-private partnerships as a policy response to climate change.ENERGY POLICY,119,487-494. |
MLA | Buso, Marco,et al."Public-private partnerships as a policy response to climate change".ENERGY POLICY 119(2018):487-494. |
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