Technological greening, eco-efficiency and no-regret strategy

Bréchet, Thierry;Ly, Sylvette
(2010)

Files

coredp2010_31web.pdf
  • Open Access
  • Adobe PDF
  • 376.25 KB
Download

Details

Authors
  • Bréchet, ThierryUCLouvain
    Author
  • Ly, SylvetteUCLouvain
    Author
Abstract
In this paper we analyze the relationship between technological greening, eco-efficiency and no-regret strategies. By using a simple theoretical model, we evaluate the effects of technological greening on creation value, pollution level, and eco-efficiency. We show three contrasting effects of technological greening. First, technological greening may increase the pollution of a firm, and also of the whole industry. Second, the indicator of eco-efficiency can be misleading because it may improve in situations where pollution increases and/or profit decreases after technological greening. Third, technological greening that induces an improvement of the eco-efficiency indicator does not necessarily lead to a no-regret strategy. As a result, the indicator should not be used for decision making.
Affiliations

Citations

  • APA
  • Chicago
  • FWB

Bréchet, T., & Ly, S. (2010). Technological greening, eco-efficiency and no-regret strategy (CORE Discussion Paper 2010/31). https://hdl.handle.net/2078.5/34741