Climate Policy and Nonrenewable Resources: The Green Paradox - download pdf or read online

By Karen Pittel,Rick van der Ploeg,Cees Withagen

ISBN-10: 0262027887

ISBN-13: 9780262027885

Recent advancements recommend that well-intended weather policies--including carbon taxes and subsidies for renewable strength -- would possibly not accomplish what coverage makers intend. Hans-Werner Sinn has defined a "green paradox," arguing that those guidelines may perhaps hasten international warming by means of encouraging vendors of fossil gasoline reserves to extend their extraction premiums for worry that their reserves becomes valueless. during this quantity, economists examine the empirical and theoretical help for the fairway paradox. providing exact and rigorous analyses of the forces and assumptions using Sinn's argument, the individuals reflect on even if emerging carbon tax premiums necessarily accelerate weather swap; the consequences of the layout of source markets, the provision of fresh substitutes, and the improvement of recent applied sciences; and the empirical facts (or lack thereof) for the fairway paradox outcome. they think about extraction expenditures; sustainability and innovation; timing, declaration results, and time consistency with regards to coverage measures; and empirical effects for the golf green paradox phenomena less than numerous substitute coverage measures. ContributorsJulien Daubanes, Corrado Di Maria, Carolyn Fischer, Florian Habermacher, Michael Hoel, Darko Jus, Gebhard Kirchgassner, Ian Lange, Pierre Lasserre, Volker Meier, Karen Pittel, Stephen Salant, Frank Stähler, Gerard van der Meijden, Frederick van der Ploeg, Edwin van der Werf, Ngo Van lengthy, Ralph A. iciness, Cees Withagen

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Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond (CESifo Seminar Series) by Karen Pittel,Rick van der Ploeg,Cees Withagen

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