10.18453/rosdok_id00000882 Schwanitz, Valeria Jana Valeria Jana Schwanitz http://d-nb.info/gnd/1013526473 Universität Rostock 2010 330 Economics 2010 en http://purl.uni-rostock.de/rosdok/id00000882 urn:nbn:de:gbv:28-diss2011-0111-7 Green technological progress bears a strong potential to alleviate climate change, but its utilization is contingent on factors which are by nature impossible to anticipate or predict. Developing stochastic optimisation models, we explore how the decision to invest in research and development towards greener technologies is influenced by environmental policies in a world of technical and policy uncertainty. The models are applied to offshore wind park investments and investments into energy-saving technologies. Policies studied are e.g. energy taxes and quotas as well as research subsidies.