G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9921
DP9921 Abandoning Fossil Fuel: How Fast And How Much?
Frederick van der Ploeg; Armon Rezai
发表日期2014-03-23
出版年2014
语种英语
摘要Climate change must deal with two market failures, global warming and learning by doing in renewable use. The social optimum requires an aggressive renewables subsidy in the near term and a gradually rising carbon tax which falls in long run. As a result, more renewables are used relative to fossil fuel, there is an intermediate phase of simultaneous use, the carbonfree era is brought forward, more fossil fuel is locked up and global warming is lower. The optimal carbon tax is not a fixed proportion of world GDP. The climate externality is more severe than the learning by doing one.
主题International Macroeconomics ; Public Economics
关键词Climate change Integrated assessment Ramsey growth Carbon tax Renewables subsidy Learning by doing Directed technical change Multiplicative damages Additive damages
URLhttps://cepr.org/publications/dp9921
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/538755
推荐引用方式
GB/T 7714
Frederick van der Ploeg,Armon Rezai. DP9921 Abandoning Fossil Fuel: How Fast And How Much?. 2014.
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