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Fossil Resources and Climate Change – The Green Paradox and Resource Market Power Revisited in General Equilibrium

Pfeiffer, Johannes - 2017

Ressourcenanbieters das sogenannte Asset Motiv, das zugleich einen neuen Wirkungskanal von Klimapolitik eröffnet: Über die Umverteilung … von Ressourcenrenten führt Klimapolitik zu einer Anpassung der Anlagetätigkeit, die im Zusammenspiel mit dem Asset Motiv …- und Kapitalmarkt dar und führt damit einen weiteren Wirkungskanal von Klimapolitik in die Literatur ein. Auch ohne …

Persistent link: https://www.econbiz.de/10011777555

Climate effects of carbon taxes, taking into account possible other future climate measures

Habermacher, Florian; Kirchgässner, Gebhard - 2011

The increase of fuel extraction costs as well as of temperature will make it likely that in the medium-term future technological or political measures against global warming may be implemented. In assessments of a current climate policy the possibility of medium-term future developments like...

Persistent link: https://www.econbiz.de/10010275013

Optimum Growth and Carbon Policies with Lags in the Climate System

Bretschger, Lucas; Karydas, Christos - 2017

We study the effects of greenhouse gas emissions on optimum growth and environmental policy by using an expansion-in-varieties growth model with polluting non-renewable resources. Climate change harms the capital stock. Our main contribution is to introduce and extensively explore the naturally...

Persistent link: https://www.econbiz.de/10011753248

Does the Adverse Announcement Effect of Climate Policy Matter? - A Dynamic General Equilibrium Analysis

Riekhof, Marie-Catherine; Bröcker, Johannes - 2016

We consider a carbon emissions tax announced today, but implemented after a known time-lag. Before implementation, the announcement induces higher emissions than without intervention. In welfare terms, this adverse announcement effect could more than outweigh the gain after tax implementation....

Persistent link: https://www.econbiz.de/10011753318

How do unanticipated discoveries of oil fields affect the oil price?

Leinert, Lisa - 2010

The Hotelling rule argues that the price for a nonrenewable resource adjusts to the shadow value of the resource, reflecting the remaining availability of the resource. We empirically test the Hotelling rule on the effect of unanticipated oil field discoveries. We do not find evidence for a...

Persistent link: https://www.econbiz.de/10011753204

Is there a green paradox?

Hoel, Michael - 2010

A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...

Persistent link: https://www.econbiz.de/10010274935

Is there really a Green Paradox?

van der Ploeg, Frederick; Withagen, Cees - 2010

Optimal climate policy is studied in a Ramsey growth model with exhaustible oil reserves, an infinitelyelastic supply of renewables, stock-dependent oil extraction costs and convex climate damages. Weconcentrate on economies with an initial capital stock below that of the steady state of the...

Persistent link: https://www.econbiz.de/10010325848

Is there a green paradox?

Hoel, Michael - 2010

Persistent link: https://www.econbiz.de/10010285568

Regime of Obstruction: How Corporate Power Blocks Energy Democracy

Carroll, William K. (contributor) - 2021

Rapidly rising carbon emissions from the intense development of Western Canada's fossil fuels continue to aggravate the global climate emergency and destabilize democratic structures. The urgency of the situation demands not only scholarly understanding, but effective action. Regime of...

Persistent link: https://www.econbiz.de/10014322676

Announcing is bad, delaying is worse: Another pitfall in well-intended climate policy

Jus, Darko; Meier, Volker - 2012

It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a non-renewable resource, we demonstrate that announcing a green policy, but then delaying its implementation, is...

Persistent link: https://www.econbiz.de/10010283580