Berg, Elin; Kverndokk, Snorre; Rosendahl, Knut Einar - Statistisk Sentralbyrå, Government of Norway - 1996
This paper studies the effects on fossil fuel prices, extraction paths and petroleum wealth of an international carbon tax on fossil fuel consumption. We present an intertemporal equilibrium model for fossil fuels, where the main focus is on the oil market. The impacts of a global carbon tax of...