G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Absolute Abundance and Relative Scarcity: Announced Policy, Resource Extraction, and Carbon Emissions
Corrado Di Maria; Sjak Smulders; Edwin van derWerf
发表日期2008
出处Climate Change and Sustainable Development
出版年2008
语种英语
摘要We study the effectiveness of climate change policy in a model with multiple non-renewable resources that differ in their carbon content. We find that, when allowing some time between announcement and implementation of a cap on carbon dioxide emissions, emissions from non-renewable energy sources increase at the time of announcement. There are two channels behind this effect. First, since a binding constraint on emissions restricts energy use during some period of time, more must be extracted during other periods. Second, since low carbon energy sources are relatively more valuable when the policy is implemented, it is optimal to conserve them ahead of enforcement. This might induce a switch to high-carbon resources before the policy is implemented.
特色分类Q31,Q41,Q54,Q58
关键词Climate Policy,Non-renewable Resources,Announcement Effects,Scarcity,Order of Extraction
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/absolute-abundance-and-relative-scarcity-announced-policy-resource-extraction-and-carbon-emissions/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117616
推荐引用方式
GB/T 7714
Corrado Di Maria,Sjak Smulders,Edwin van derWerf. Absolute Abundance and Relative Scarcity: Announced Policy, Resource Extraction, and Carbon Emissions. 2008.
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NDL2008-092.pdf(322KB)智库出版物 限制开放CC BY-NC-SA浏览
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