全球智库信息集成服务系统(G2TT): Fossil Fuel Extraction and Climate Policy: A Review of the Green Paradox with Endogenous Resource Exploration

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Fossil Fuel Extraction and Climate Policy: A Review of the Green Paradox with Endogenous Resource Exploration
	Ines Österle
发表日期	2012
出处	Climate Change and Sustainable Development
出版年	2012
语种	英语
摘要	Policies aimed at reducing emissions from fossil fuels may increase climate damages. This "Green Paradox" emerges if resource owners increase near-term extraction in fear of stricter future policy measures. Hans-Werner Sinn (2008) showed that the paradox occurs when increasing resource taxes are applied within a basic exhaustible resource model. This article highlights that the emergence of the Green Paradox within this framework relies on the non-existence of a backstop technology and fixed fossil fuel resources. In doing this, it initially presents a basic exhaustible resource model which includes a backstop technology and shows that the implementation of a specific sales tax path is effective in mitigating global warming. Secondly, it considers the case of costly exploration activities being introduced within the basic model and accounts for the real world condition that the location of fossil fuels is unknown. Under this condition, an increasing cash flow tax is effective in dealing with climate change if policy makers commit to a high initial tax level and to a specific range of growth rates.
特色分类	Q31;Q54;Q58;H23;H32
关键词	Green Paradox Supply-side dynamics Climate Policy Exhaustible Resources Fossil Fuels Exploration Carbon Taxes
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/fossil-fuel-extraction-and-climate-policy-a-review-of-the-green-paradox-with-endogenous-resource-exploration/
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/118048
推荐引用方式 GB/T 7714	Ines Österle. Fossil Fuel Extraction and Climate Policy: A Review of the Green Paradox with Endogenous Resource Exploration. 2012.

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文件名称/大小	资源类型	版本类型	开放类型	使用许可
201231178131Nota_di_（71KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
2012321452164NDL2012（716KB）	智库出版物		限制开放	CC BY-NC-SA	浏览