| 来源类型 | FEEM working papers "Note di lavoro" series
|
| 规范类型 | 论文
|
| Environmental Protection for Sale: Strategic Green Industrial Policy and Climate Finance |
| Carolyn Fischer
|
| 发表日期 | 2016
|
| 出处 | Mitigation, Innovation and Transformation Pathways
|
| 出版年 | 2016
|
| 语种 | 英语
|
| 摘要 | Industrial policy has long been criticized as subject to protectionist interests; accordingly, subsidies to domestic producers face disciplines under World Trade Organization agreements, without exceptions for environmental purposes. Now green industrial policy is gaining popularity as governments search for low-carbon solutions that also provide jobs at home. The strategic trade literature has largely ignored the issue of market failures related to green goods. I consider the market for a new environmental good (like low-carbon technology) whose downstream consumption provides external benefits (like reduced emissions). Governments may have some preference for supporting domestic production, such as by interest-group lobbying, introducing a political distortion in their objective function. I examine the national incentives and global rationales for offering production (upstream) and deployment (downstream) subsidies in producer countries, allowing that some of the downstream market may lie in nonregulating third-party countries. Restraints on upstream subsidies erode global welfare when environmental externalities are large enough relative to political distortions. Climate finance is an effective alternative if political distortions are large and governments do not undervalue carbon costs. Numerical simulations of the case of renewable energy indicate that a modest social cost of carbon can imply benefits from allowing upstream subsidies.
***
Suggested citation: Fischer, C., (2016), 'Environmental Protection for Sale: Strategic Green Industrial Policy and Climate Finance', Nota di Lavoro 31.2016, Milan, Italy: Fondazione Eni Enrico Mattei |
| 特色分类 | F13;F18;H21;Q5
|
| 关键词 | Green Industrial Policy
Emissions Leakage
Externalities
International Trade
Renewable Energy
Subsidies
|
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/environmental-protection-for-sale-strategic-green-industrial-policy-and-climate-finance/
|
| 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/118487
|
推荐引用方式
GB/T 7714 |
Carolyn Fischer. Environmental Protection for Sale: Strategic Green Industrial Policy and Climate Finance. 2016.
|
|
文件名：
|
2016481224231Nota_di_Lavoro.jpg
|
|
格式：
|
JPEG
|
|
文件名：
|
20165131114314NDL2016-031.pdf
|
|
格式：
|
Adobe PDF
|
此文件暂不支持浏览
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
