Climate policy and nonrenewable resources the green paradox and beyond
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 worthless. Fossil fuel use is thus brought forward. The resulting acceleration of global warming and co...
| Other Authors: | , , |
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| Format: | eBook |
| Language: | English |
| Published: |
Cambridge, Massachusetts
The MIT Press
2014
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| Series: | CESifo seminar series
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| Subjects: | |
| Online Access: | |
| Collection: | MIT Press eBook Archive - Collection details see MPG.ReNa |
| Summary: | 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 worthless. Fossil fuel use is thus brought forward. The resulting acceleration of global warming and counter-productivity of well-intended climate policy has been coined the Green Paradox. This volume presents a range of studies extending the basic analysis to allow for clean energy alternatives, dirty energy alternatives, and the intricate strategic issues between different countries on the globe |
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| Physical Description: | illustrations |
| ISBN: | 9780262319836 0262319837 |