Climate change and balance of trade

In the absence of a global climate agreement, countries employ local policies to curb pollution and introduce clean energy. These policies limit domestic consumption of a traded energy source but increase exports thus improving a countryâ€™s energy balance and its balance of trade. While focusing on US energy policy, we show this phenomenon for both petroleum products and for coal.

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Year of publication:	2014-03-01
Authors:	Hochman, Gal ; Zilberman, David
Institutions:	Department of Agricultural and Resource Economics, University of California-Berkeley
Subject:	Social and Behavioral Sciences \| energy sources \| international trade \| technological change \| climate change \| balance of trade \| green paradox

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Extent:	application/pdf
Series:	Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Department of Agricultural and Resource Economics, UCB
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011130819