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Demand versus supply side climate policies with a carbon dioxide ceiling
Eichner, Thomas; Kollenbach, Gilbert; Schopf, Mark - 2018
its fuel import bill. At the deposit policy, the fossil fuel consumption and price paths are discontinuous when the … coalition decreases its deposit purchases to reduce the fuel and the deposit price. If the coalition is the sole fuel supplier …
Persistent link: https://www.econbiz.de/10011821305
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Buying versus leasing fuel deposits for preservation
Eichner, Thomas; Kollenbach, Gilbert; Schopf, Mark - 2018
prices in its favor. The deposit-purchase policy is inefficient since it leaves the first-period climate damage externality … non-internalized, which is in stark contrast to the efficiency of the deposit-purchase policy in static models. However …, for a subset of economies the deposit-lease policy turns out to be efficient. It internalizes the climate damage …
Persistent link: https://www.econbiz.de/10011821314
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Buying versus leasing fuel deposits for preservation
Eichner, Thomas; Kollenbach, Gilbert; Schopf, Mark - 2018
prices in its favor. The deposit-purchase policy is inefficient since it leaves the first-period climate damage externality … non-internalized, which is in stark contrast to the efficiency of the deposit-purchase policy in static models. However …, for a subset of economies the deposit-lease policy turns out to be efficient. It internalizes the climate damage …
Persistent link: https://www.econbiz.de/10011869228
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Buying versus leasing fuel deposits for preservation
Eichner, Thomas; Kollenbach, Gilbert; Schopf, Mark - 2018
prices in its favor. The deposit-purchase policy is inefficient since it leaves the first-period climate damage externality … non-internalized, which is in stark contrast to the efficiency of the deposit-purchase policy in static models. However …, for a proper subset of economies the deposit-lease policy turns out to be efficient. It internalizes the climate damage …
Persistent link: https://www.econbiz.de/10011892102
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Buy coal! : deposit markets prevent carbon leakage
Harstad, Bård - 2010
If a coalition of countries implements climate policies, nonparticipants tend to consume more, pollute more, and invest too little in renewable energy sources. In response, the coalition's equilibrium policy distorts trade and it is not time consistent. By adding a market for the right to...
Persistent link: https://www.econbiz.de/10003945871
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Buy coal! Deposit markets prevent carbon leakage
Harstad, Bård - 2010
If a coalition of countries implements climate policies, nonparticipants tend to consume more, pollute more, and invest too little in renewable energy sources. In response, the coalition's equilibrium policy distorts trade and it is not time consistent. By adding a market for the right to...
Persistent link: https://www.econbiz.de/10010326729
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Buy Coal! Deposit Markets Prevent Carbon Leakage
Harstad, Bård - CESifo - 2010
If a coalition of countries implements climate policies, nonparticipants tend to consume more, pollute more, and invest too little in renewable energy sources. In response, the coalition’s equilibrium policy distorts trade and it is not time consistent. By adding a market for the right to...
Persistent link: https://www.econbiz.de/10008534047
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The political economy of stranded assets : climate policies, investments and the role of elections
Hagen, Achim; Kollenbach, Gilbert - 2024
We study the interaction of climate policies and investments into fossil and renewable energy generation capacity if policies are set by democratically elected governments and can lead to stranded assets. We develop an overlapping generations model, where elections determine carbon taxation and...
Persistent link: https://www.econbiz.de/10014486660
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Fossil fuel extraction and climate policy : a review of the green paradox with endogenous resource exploration
Österle, Ines - 2012
Policies aimed at reducing emissions from fossil fuels may increase climate damages. This "Green Paradox" emerges if resource owners increase near-term extraction in fear of stricter future policy measures. Hans-Werner Sinn (2008) showed that the paradox occurs when increasing resource taxes are...
Persistent link: https://www.econbiz.de/10009506347
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From fossil fuels to renewables : studies on the effects of resource endowments and climate policy on economic outcomes
Montoya Gómez, Ana Maria - 2020
This doctoral thesis, organized in three self-contained chapters, provides an analysis of the economic effects associated with the extraction of natural resources and the transition from an economy based on fossil fuel use to an economy relying primarily on renewable energy sources. Chapter 1...
Persistent link: https://www.econbiz.de/10012262529