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| Osterle, Ines. |
| Policies aimed at reducing emissions from fossil fuels may increase climate damages. This “Green Paradox” emerges if resource owners increase near-term extraction in fear of stricter future policy measures. Hans-Werner Sinn (2008) showed that the paradox occurs when increasing resource taxes are applied within a basic exhaustible resource model. This article highlights that the emergence of the Green Paradox within this framework relies on the non-existence of a backstop technology and fixed fossil fuel resources. In doing this, it initially presents a basic exhaustible resource model which includes a backstop technology and shows that the implementation of a specific sales tax path is effective in mitigating global warming. Secondly, it considers the case... |
| Tipo: Working Paper |
Palavras-chave: Green Paradox; Supply-side dynamics; Climate Policy; Exhaustible Resources; Fossil Fuels; Exploration; Environmental Economics and Policy; Q31; Q54; Q58; H23; H32. |
| Ano: 2012 |
URL: http://purl.umn.edu/122010 |
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| Lanzi, Elisa; Verdolini, Elena; Hascic, Ivan. |
| This paper studies innovation dynamics in efficiency improving electricity generation technologies as an important means of mitigating climate change impacts. Relevant patents are identified and used as an indicator of innovation. We find that patenting in efficiency improving technologies has mostly been stable over time, with a recent decreasing trend. We also find that majority of patents are first filed in OECD countries and only then in non-OECD or BRIC countries. Conversely, non-OECD and BRIC countries apply for patents that are mostly marketed domestically. This result shows that there is significant technology transfer in the field of efficiency improving technologies for electricity production. This flow of know-how is likely to contribute to... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Climate Change; Technological Innovation; Energy; Patents; Fossil Fuels; Resource /Energy Economics and Policy; Q32; Q4; Q55. |
| Ano: 2011 |
URL: http://purl.umn.edu/99688 |
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| Gerlagh, Reyer. |
| Fear for oil exhaustion and its consequences on economic growth has been a driver of a rich literature on exhaustible resources from the 1970s onwards. But our view on oil has remarkably changed and we now worry how we should constrain climate change damages associated with oil and other fossil fuel use. In this climate change debate, economists have pointed to a green paradox: when policy makers stimulate the development of non-carbon energy sources to (partly) replace fossil fuels in the future, oil markets may anticipate a future reduction in demand and increase current supply. The availability of ‘green’ technologies may increase damages. The insight comes from the basic exhaustible resource model. We reproduce the green paradox and to facilitate... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Green Paradox; Climate Change; Exhaustible Resources; Fossil Fuels; Resource /Energy Economics and Policy; Q31; Q54. |
| Ano: 2010 |
URL: http://purl.umn.edu/59419 |
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