TITLE:
Green Innovation and Green Growth for Realizing an Affluent Low-Carbon Society
AUTHORS:
Ryuji Matsuhashi, Kae Takase
KEYWORDS:
Green Innovation, Green Growth, Green Power Moderator, Bounded Rationality, Energy and Economy Model, Affluent Low-Carbon Society
JOURNAL NAME:
Low Carbon Economy,
Vol.6 No.4,
December
11,
2015
ABSTRACT: After the Liberal
Democratic Party won the election in 2012, Prime Minister Abe stated that the
government would strive to implement aggressive abatement measures against
global warming. Here, we define five types of green innovation and three types
of green growth with the aim to clarify the necessary abatement measures
against global warming. Next, for promoting green growth we propose a novel
organization, which is referred to as the Green Power Moderator (GPM).
Furthermore, we estimate the economic impact of the measures on the national
economy and households in 2030, assuming that GPM successfully promotes green
growth. For this purpose, we develop an energy and economy model, in which the
bounded rationality of consumers is taken into consideration. Finally, we
identify significant factors in establishing an affluent low-carbon society
based on the results of our model simulation.