An Empirical Investigation into Carbon Lock-In: What Determines the Stringency of Environmental Policy?

  • Julian Marenz Maastricht University

Abstract

Carbon lock-in is referring to the prolonged utilization of
a fossil-based energy system despite an increasing number
of reasons for the shift to alternative technologies. This
paper uses environmental policy stringency (EPS), an
index published by the OECD, as a proxy for carbon lockin.
A fixed effect and a generalized methods of moments
estimator are used. These approaches yield the conclusion
that EU- membership and GDP per capita are associated
with a higher EPS. Furthermore, electricity production
from coal, gas and oil sources has a small positive, and
GDP growth a small negative impact on EPS.

How to Cite
MARENZ, Julian. An Empirical Investigation into Carbon Lock-In: What Determines the Stringency of Environmental Policy?. Student Undergraduate Research E-journal!, [S.l.], v. 5, p. 1-4, dec. 2019. ISSN 2468-0443. Available at: <https://journals.open.tudelft.nl/sure/article/view/4215>. Date accessed: 21 jan. 2020. doi: https://doi.org/10.25609/sure.v5.4215.
Published
2019-12-09