Unilateral climate Policy and the Green Paradox: Extraction Costs matter

Konferenzbeitrag

To analyze the effect of unilaterally tightened climate policies, we augment the two country model of Hoel (2011) with fossil fuel extraction costs. It turns out that a tighter climate policy of the country with the initially stricter policy causes neither a weak nor a strong green paradox if the fossil fuel stock is sufficiently small. In case of a tighter climate policy in the country with the initially laxer policy, a weak green paradox depends on the price-elasticity of energy demand.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Environmental Economics, Natural Resources and Climate Change III ; No. F17-V2

Classification and Topics

• Classification: Wirtschaft ; Energy: Demand and Supply; Prices ; Alternative Energy Sources ; Climate; Natural Disasters and Their Management; Global Warming ; Environmental Economics: Government Policy

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Kollenbach, Gilbert
• Event: Veröffentlichung
• (who): ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
• (where): Kiel, Hamburg
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/168245
• Last update: 10.03.2025, 11:43 AM CET