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The Fossil Episode
Hassler, John; Sinn, Hans-Werner - CESifo - 2012
biocarbon. One shock only, the discovery of the technology to use fossil fuels, leads to a transition from an initial pre …-industrial phase to three following phases: a pure fossil carbon phase, a mixed fossil and biocarbon phase and an absorbing biocarbon … phase. The increased competition for biocarbon during phase 3 and 4 leads to increasing food prices. We provide closed form …
Persistent link: https://www.econbiz.de/10010877924
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The fossil episode
Hassler, John; Sinn, Hans-Werner - 2012 - This version: Dec 4, 2012
biocarbon. One shock only, the discovery of the technology to use fossil fuels, leads to a transition from an initial pre …-industrial phase to three following phases: a pure fossil carbon phase, a mixed fossil and biocarbon phase and an absorbing biocarbon … phase. The increased competition for biocarbon during phase 3 and 4 leads to increasing food prices. We provide closed form …
Persistent link: https://www.econbiz.de/10009683169
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The Fossile Episode
Hassler, John; Sinn, Hans-Werner - C.E.P.R. Discussion Papers - 2012
biocarbon. One shock only, the discovery of the technology to use fossil fuels, leads to a transition from an inital pre …-industrial phase to three following phases: a pure fossil carbon phase, a mixed fossil and biocarbon phase and an absorbing biocarbon … phase. The increased competition for biocarbon during phase 3 and 4 leads to increasing food prices. We provide closed form …
Persistent link: https://www.econbiz.de/10011083327
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The green paradox : a supply-side view of the climate problem
Sinn, Hans-Werner - 2015
Why have policies aimed at reducing the demand for carbon not succeeded in slowing down global carbon extraction and CO2 emissions, and why have carbon prices failed to increase over the last three decades? This comment argues that this is because of the Green Paradox, i.e. - (the anticipation...
Persistent link: https://www.econbiz.de/10010528868
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Intertemporal Equity and Hartwick's Rule in an Exhaustible Resource Model
Buchholz, Wolfgang; Dasgupta, Swapan; Mitra, Tapan - 2006
In a standard exhaustible resource model, it is known that if, along a competitive path, investment in the augmentable capital good equals the rents on the exhaustible resource (known as Hartwick's rule), then the path is equitable in the sense that the consumption level is constant over time....
Persistent link: https://www.econbiz.de/10014060893
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Battle for Climate and Scarcity Rents: Beyond the Linear-Quadratic Case
Kagan, Mark; van der Ploeg, Frederick; Withagen, Cees A. - 2014
The nature of oil demand influences the oil extraction rate and hence has implications for both the timing of oil exhaustion and optimal climate policy. We analyse what role oil demand specification plays in strategic interactions b between an oil-importing country producing final goods and...
Persistent link: https://www.econbiz.de/10010435786
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Prices vs. quantities and the intertemporal dynamics of the climate rent
Kalkuhl, Matthias; Edenhofer, Ottmar - 2010
This paper provides a formal survey of price and quantity instruments for mitigating global warming. We explicitly consider policies' impact on the incentives of resource owners who maximize their profits intertemporally. We focus on the informational and commitment requirements of the...
Persistent link: https://www.econbiz.de/10003967535
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Battle for Climate and Scarcity Rents: Beyond the linear-quadratic case
Kagan, Mark; Ploeg, Frederick van der; Withagen, Cees - Oxford Centre for the Analysis of Resource-Rich … - 2015
Industria imports oil, produces final goods and wishes to mitigate global warming. Oilrabia exports oil and buys final goods from the other country. Industria uses the carbon tax to impose an import tariff on oil and steal some of Oilrabia’s scarcity rent. Conversely, Oilrabia has monopoly...
Persistent link: https://www.econbiz.de/10011276407
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Battle for Climate and Scarcity Rents: Beyond the Linear-Quadratic Case
Kagan, Mark; Ploeg, Frederick Van der; Withagen, Cees A. - CESifo - 2014
The nature of oil demand influences the oil extraction rate and hence has implications for both the timing of oil exhaustion and optimal climate policy. We analyse what role oil demand specification plays in strategic interactions b between an oil-importing country producing final goods and...
Persistent link: https://www.econbiz.de/10011264740
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Tale of two countries : emissions scenarios for China and India
Massetti, Emanuele - 2011
The aim of the paper is to present evidence that China and India are, and will remain, two very different actors in international negotiations to control global warming. We base our conclusions on historical data and on scenarios until 2050. The Business-as-Usual scenario (BaU) is compared to...
Persistent link: https://www.econbiz.de/10008903412