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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22731 |
来源ID | Working Paper 22731 |
Will the Paris Accord Accelerate Climate Change? | |
Laurence J. Kotlikoff; Andrey Polbin; Andrey Zubarev | |
发表日期 | 2016-10-17 |
出版年 | 2016 |
语种 | 英语 |
摘要 | The 2015 Paris Accord is meant to control our planet’s rising temperature. But it may be doing the opposite in gradually, rather than immediately reducing CO2 emissions. The Accord effectively tells dirty-energy producers to "use it or lose it." This may be accelerating their extraction and burning of fossil fuels and, thereby, be permanently raising temperatures. Our paper uses a simple OLG model to illustrate this long-noted Green Paradox. Its framework treats climate damage as a negative externality imposed by today’s generations on tomorrow’s – an externality that is, in part, irreversible and can tip the climate to permanently higher temperatures. In our model, delaying abatement can lead to larger changes in climate than doing nothing, reducing welfare for all generations. In contrast, immediate policy action can raise welfare for all generations. Finally we question the standard use of infinitely-lived, single-agent models, which assume, unrealistically, intergenerational altruism in determining optimal abatement policy. Their prescriptions can differ, potentially dramatically, from those needed to correct the negative climate externality today’s generations are imposing on tomorrow’s. |
主题 | International Economics ; International Factor Mobility ; Public Economics ; Taxation ; Labor Economics ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w22731 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580405 |
推荐引用方式 GB/T 7714 | Laurence J. Kotlikoff,Andrey Polbin,Andrey Zubarev. Will the Paris Accord Accelerate Climate Change?. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22731.pdf(490KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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