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We study clean energy subsidies in a quantitative climate-economy model. Clean energy subsidies decrease carbon emissions if and only if they lower the marginal product of dirty energy. The constrained-efficient subsidy equals the marginal external cost of dirty energy multiplied by the marginal...
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We study clean energy subsidies in a quantitative climate-economy model. Clean en-ergy subsidies decrease carbon emissions if and only if they lower the marginal product of dirty energy. The constrained-efficient subsidy equals the marginal external cost of dirty energy multiplied by the...
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-intensive world with patent-rich multinationals and patent-savvy new entrants from Asia. In a world facing challenges that call for … policy recommendations -- 8. Special recommendations for increasing patent knowledge and patenting -- 9. Patent and … to the entire world. These issues include the role of patents and licensing in the governance of technology and …
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