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Carbon Taxes and the Green Paradox

Michael Hoel

in Climate Change and Common Sense: Essays in Honour of Tom Schelling

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199692873
eISBN:
9780191738371
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199692873.003.0011
Subject:
Economics and Finance, Development, Growth, and Environmental

A sufficiently high carbon tax will reduce near-term carbon emissions compared with the case of no tax. For lower tax rates that increase faster than some threshold that is at least as high as the ... More


Going Full Circle: Demandside Constraints to the Green Paradox

Corrado Di Maria, Ian Lange, and Edwin van der Werf

in Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262027885
eISBN:
9780262319836
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027885.003.0010
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter deals with the effects of announcements of green policies that are delayed later on. Firstly, it shows that announcing a unit tax to start at some point in future that grows at the ... More


Innovation and the Green Paradox

Ralph A. Winter

in Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262027885
eISBN:
9780262319836
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027885.003.0006
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter presents a simple dynamic general equilibrium model of fossil fuel extraction when a backstop technology is available. We investigate the possibility of a Green-Paradox outcome as a ... More


Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond

Karen Pittel, Frederick van der Ploeg, and Cees Withagen (eds)

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262027885
eISBN:
9780262319836
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027885.001.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

Too rapidly rising carbon taxes or the introduction of subsidies for renewable energies induce owners of fossil fuel reserves to increase their extraction rates for fear of their reserves becoming ... More


The Green Paradox: A Mirage?

Karen Pittel, Rick van der Ploeg, and Cees Withagen

in Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262027885
eISBN:
9780262319836
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027885.003.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter sets out what the Green Paradox is and also discusses its limitations. Although too rapidly rising carbon taxes and renewable subsidies may accelerate global warming, they also incite ... More


The Green Paradox Under Imperfect Substitutability between Clean and Dirty Fuels

Ngo Van Long

in Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262027885
eISBN:
9780262319836
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027885.003.0004
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter shows that a technological change that increases marginally the degree of substitutability of non-fossil fuels for fossil fuels may cause fossil fuels producers to anticipate lower ... More


Does a Future Rise in Carbon Taxes Harm the Climate?

Florian Habermacher and Gebhard Kirchgässner

in Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262027885
eISBN:
9780262319836
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027885.003.0008
Subject:
Economics and Finance, Development, Growth, and Environmental

Any path of positive, global climate taxes will, under realistic assumptions, reduce cumulative long-run emissions, that is, there is no very strong Green Paradox. A tax may, however, increase ... More


The Green Paradox as a Supply Phenomenon

Julien Daubanes and Pierre Lasserre

in Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262027885
eISBN:
9780262319836
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027885.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

The green paradox arises from the reaction of non-renewable-resource suppliers in anticipation of future price changes. Yet there exists no formal treatment of non-renewable resource supply, ... More


Supply-Side Climate Policy and the Green Paradox

Michael Hoel

in Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262027885
eISBN:
9780262319836
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027885.003.0002
Subject:
Economics and Finance, Development, Growth, and Environmental

The focus of the green paradox literature has been either on demand-side climate policies or on effects of technological changes. The present chapter addresses the question of whether there also ... More


Quantifying Intertemporal Emissions Leakage

Carolyn Fischer and Stephen Salant

in Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262027885
eISBN:
9780262319836
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027885.003.0011
Subject:
Economics and Finance, Development, Growth, and Environmental

Carbon leakage occurs when attempts to reduce greenhouse gas emissions drive markets to respond in ways that allow emissions to expand elsewhere. Much attention has been paid to carbon leakage across ... More


Resource Extraction and Backstop Technologies in General Equilibrium

Ngo Van Long and Frank Stähler

in Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262027885
eISBN:
9780262319836
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027885.003.0007
Subject:
Economics and Finance, Development, Growth, and Environmental

One might expect that innovation in clean energy must help in thebattle against global warming. Paradoxically, clean energy innovation maymake matters worse. This chapter offers a high-level ... More


“Winners” and “Losers” in Hotter Worlds

Peter Drahos

in Survival Governance: Energy and Climate in the Chinese Century

Published in print:
2021
Published Online:
February 2021
ISBN:
9780197534755
eISBN:
9780197534786
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780197534755.003.0005
Subject:
Political Science, Asian Politics

The oil and gas industry remains an innovative industry, constantly improving its access to resources and attracting investors. States have sent mixed and dissembling signals about their preparedness ... More


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