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The effectiveness of European Union Emission Trading Scheme in incentivizing innovation and adoption of environmentally friendly technologies.: a qualitative study on energy intensive industries in Europe

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dc.contributor Aalto University en
dc.contributor Aalto-yliopisto fi
dc.contributor.advisor Sillanpää, Mika
dc.contributor.author Nuorva, Satu-Maria
dc.date.accessioned 2018-09-10T09:26:12Z
dc.date.available 2018-09-10T09:26:12Z
dc.date.issued 2018
dc.identifier.uri https://aaltodoc.aalto.fi/handle/123456789/33936
dc.description.abstract Objectives The main objective of this study is to explore the innovation effect of EU ETS in investment and adoption of energy efficient and less polluting technologies, and the adoption of organizational attitudes and perceptions towards the program. The results will be analyzed in the light of Porter Hypothesis. Summary Evidence from two first phases of EU ETS showed evidence of innovation effect on some energy intensive industries. However, the results were scattered and no general conclusions could be made, as some industries face higher costs of emission abatement and are dependent on other heavily polluting industries. There was no distinct support for either “weak” or “strong” versions of Porter Hypothesis. The data was collected from existing literature on EU ETS, its effectiveness and Porter Hypothesis. Conclusions Even though EU ETS has caused energy intensive industries to invest in RD&D actions and new technologies, even the industry-wide results differed, as some agents had adopted emission reduction and objectives of EU ETS from technological to organizational level, whereas there were organizations that had no interest in RD&D investments of less emitting technologies. Also, the role of EU ETS as instigator of technological change cannot be confirmed, and empirical evidence from managerial level discussions showed that perceptions towards the program and its innovation effect were rather negative. en
dc.format.extent 31
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.title The effectiveness of European Union Emission Trading Scheme in incentivizing innovation and adoption of environmentally friendly technologies.: a qualitative study on energy intensive industries in Europe en
dc.type G1 Kandidaatintyö fi
dc.contributor.school Kauppakorkeakoulu fi
dc.contributor.school School of Business en
dc.contributor.department Mikkelin kampus fi
dc.subject.keyword emission trading en
dc.subject.keyword air pollution en
dc.subject.keyword environmental policy en
dc.subject.keyword EU ETS en
dc.identifier.urn URN:NBN:fi:aalto-201809105047
dc.type.ontasot Bachelor's thesis en
dc.type.ontasot Kandidaatintyö fi
dc.programme (Mikkeli) Bachelor’s Program in International Business en


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