Gerlagh, Reyer - In: CESifo economic studies : CESifo, a joint initiative of … 57 (2011) 1, pp. 79-102
Fear for oil exhaustion and its consequences for economic growth has been a driver of a rich literature on exhaustible resources. But our view on oil has remarkably changed. We now also worry about too much oil because of climate change damages associated with oil and other fossil fuel use. In...