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It has been argued that a depletable resource owner might optimally increase near-term supply in response to environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even counterproductive. This paper empirically confirms this...
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In this paper, we estimate the effects of COVID-19 on greenhouse gas emissions (GHG) in Germany in 2020 at the sectoral and national level. Counterfactual emissions are estimated based on autoregressive econometric models and distinguish between different factors of emissions based on...
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environmental cost savings are offset by small increases in energy system costs. When implementing an aggressive climate policy …
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carbon taxes can fund social assistance and infrastructure investment, while reducing tax evasion and informality. To … minimize social and economic disruptions and avoid stranded assets, policymakers can start with a low carbon price level and … and trigger a transition to zero carbon without creating disruptive stranded assets. …
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