incentives and climate objectives. It focuses in particular on the role of natural gas across a range of climate policy scenarios … economically efficient and, at the same time, climate friendly, energy mix. Economic costs and environmental objectives are … target and the renewable target, without incurring in high economic costs if climate policy is not too ambitious and/or it is …

That climate policies are costly is evident and therefore often creates major fears. But the alternative (no action …) also has a cost. Mitigation costs and damages incurred depend on what the climate policies are; moreover, they are … substitutes. This brings climate policies naturally in the realm of benefit-cost analysis. In this paper we illustrate the "direct …

The focus of the green paradox literature has been either on demand-side climate policies or on effects of … no green paradox if supply-side climate policies are aimed at high-cost carbon reserves. If instead low-cost reserves are … removed, the possibility that both early and total emissions increase cannot be ruled out. Hence, "wrong" supply-side climate …

technological or political measures against global warming may be implemented. In assessments of a current climate policy the …. Given such a future measure, a currently introduced carbon tax may more generally mitigate climate change than recent …

-perpetual real options framework analyzing optimal climate policy under uncertainty. The window-of-opportunity modelling setup shows … implementation of a climate policy is evaded by high uncertainty about possible climate pathways …

In this paper I examine the design of climate treaties when there exist two kinds of technology, a conventional …