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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8215 |
DP8215 Growth and the Optimal Carbon Tax: When to Switch from Exhaustible Resources to Renewables? | |
Frederick van der Ploeg; Cees Withagen | |
发表日期 | 2011-01-24 |
出版年 | 2011 |
语种 | 英语 |
摘要 | Optimal climate policy is studied in a Ramsey growth model. A developing economy weighs global warming less, hence is more likely to exhaust fossil fuel and exacerbate global warming. The optimal carbon tax is higher for a developed economy. We analyze the optimal time of transition from fossil fuel to renewables, amount of fossil fuel to leave in situ, and carbon tax. Subsidizing a backstop without an optimal carbon tax induces more fossil fuel to be left in situ and a quicker phasing in of renewables, but fossil fuel is depleted more quickly. Global warming need thus not be alleviated. |
主题 | International Macroeconomics |
关键词 | Carbon tax Renewables Exhaustible resources Growth Intergenerational inequality aversion Second best Green paradox Global warming |
URL | https://cepr.org/publications/dp8215 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537052 |
推荐引用方式 GB/T 7714 | Frederick van der Ploeg,Cees Withagen. DP8215 Growth and the Optimal Carbon Tax: When to Switch from Exhaustible Resources to Renewables?. 2011. |
条目包含的文件 | 条目无相关文件。 |
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