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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...
Persistent link: https://www.econbiz.de/10014444067
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, Sustainable Finance, and Climate Policy -- Chapter 12 - Concluding Remarks. …-carbon economy. Reconciling the medium-term needs for transition policies, the book provides guidelines for complex climate policy … diverse macro policy options and implementations New analytical issues are also considered, e.g., strategic behavior in the …
Persistent link: https://www.econbiz.de/10014286484
protection. Many of the Biden administration's climate policy measures could be scrapped by a second Trump administration. While … the future of US climate policy depends largely on the results of the elections to the White House and Congress, an …
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