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The Supply Side of CO2 with Country Heterogeneity

Sammendrag

Several recent articles have analyzed climate policy, paying explicit attention to the fact that carbon resources are non-renewable. In most of this body of literature, the economy is treated as a single unit and, in the context of climate policy, it seems reasonable to interpret this as the whole world. However, carbon taxes and other climate policies differ substantially across countries. With such heterogeneity, the effects on the emission paths of changes in taxes, costs, and subsidies might be very different from what is found for a hypothetical world of identical countries.

Om publikasjonen

Forfattere:

Hoel, Michael

År:

2011

Tidsskrift:

Scandinavian Journal of Economics

Serie:

Vitenskapelige tidskrift

JEL:

Q41; Q42; Q54; Q58

Nøkkelord:

Climate change; exhaustible resources; green paradox; renewable energy

Prosjekt:

3162 - Petroleum industry research in economics and economic management

Lenke:

[PDF]