While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the … microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to …

exhaustible resources are considered, reflecting cost structure and carbon content heterogeneities of energy sources. The policies …

imperfectly implemented policies may lead to detrimental environmental outcomes due to supply side responses. We use the … regulation prevented a green paradox from arising. These results have implications for the design of climate policies. …

starting point and analyzes to what extent technology policies can be a reasonable second-best approach. From a supply …-side perspective, carbon capture and storage (CCS) policies differ substantially from renewable energy policies: they increase fossil … renewable energy policies under more realistic parameter settings for imperfect or missing carbon prices. We find that in …

consider policies’ impact on the incentives of resource owners who maximize their profits intertemporally. We focus on the …

The focus of the green paradox literature has been either on demand-side climate policies or on effects of … supply-side policies, i.e. policies that per-manently remove some of the carbon resources. The conclusion is that there will … no green paradox if supply-side climate policies are aimed at high-cost carbon reserves. If instead low-cost reserves are …

The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the …