Supply Side Climate Policy and the Green Paradox
Michael Hoel ()
No 03/2013, Memorandum from Oslo University, Department of Economics
Abstract:
The focus of the green paradox literature has been either on demand-side climate policies or on effects of technological changes. The present paper addresses the question of whether there also might be some kind of green paradox related to supply-side policies, i.e. policies that permanently remove some of the carbon resources. The conclusion is that there will no green paradox if supply-side climate policies are aimed at high-cost carbon reserves. If instead low-cost reserves are removed, the possibility that both early and total emissions increase cannot be ruled out. Hence, "wrong" supply-side climate policies may give a supply-side green paradox.
Keywords: Climate; Green paradox (search for similar items in EconPapers)
JEL-codes: Q30 Q38 Q54 Q58 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2013-04-23
New Economics Papers: this item is included in nep-ene, nep-env and nep-res
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Citations: View citations in EconPapers (10)
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Related works:
Working Paper: Supply Side Climate Policy and the Green Paradox (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:osloec:2013_003
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