This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than offset the substitution to biofuels. Analytical results are derived and...

We evaluate whether a lock-down to control COVID-19 infections is justified by estimating the economic costs for the ‘scythe', the absence of any government-imposed suppression measures and the ‘hammer', an early lock-down intended to drastically reduce community transmission. Using a...

This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than offset the substitution to biofuels. Analytical results are derived and...