This paper shifts the perspective of the recent green paradox literature towards the demand side. Based on a simple model, I show that a subsidy on input factors in a Cobb-Douglas production function may contribute substantially to postponing resource extraction into the future and, thereby, to...

Foreword -- Part I Theoretical Framework of Climate Change Economics -- Chapter 1. Complexity of Climate Change as a Subject in Economics -- Chapter 2. A Critique of Conventional Economic Approaches to Climate Change -- Chapter 3. Climate as a Factor of Productivity -- Chapter 4. A Welfare...

We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes and emissions trading systems (ETS), as well as...