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Trade, climate change, and the political game theory of border carbon adjustments

Helm, Dieter; Hepburn, Cameron; Ruta, Giovanni - In: Oxford review of economic policy 28 (2012) 2, pp. 368-394

Persistent link: https://www.econbiz.de/10009722167

Trade, climate change and the political game theory of border carbon adjustments

Helm, Dieter; Hepburn, Cameron; Ruta, Giovanni - 2012

Persistent link: https://www.econbiz.de/10009548660

TIME-INCONSISTENT ENVIRONMENTAL POLICY ANDOPTIMAL DELEGATION

Helm, Dieter; Hepburn, Cameron; Mash, Richard - University <Oxford> / Department of Economics - 2003

Time consistency problems can arise when environmental taxes are employedto encourage firms to take irreversible abatement decisions. Setting a high carbontax, for instance, would induce firms to invest in low-carbon technology,yet once investment has occurred the government can then reduce the...

Persistent link: https://www.econbiz.de/10005870239

Time Inconsistent Environmental Policy and Optimal Delegation

Helm, Dieter; Hepburn, Cameron; Mash, Richard - Department of Economics, Oxford University - 2003

Time consistency problems can arise when environmental taxes are employed to encourage firms to take irreversible abatement decisions. Setting a high carbon tax, for instance, would induce firms to invest in low-carbon technology, yet once investment has occurred the government can then reduce...

Persistent link: https://www.econbiz.de/10004977883