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Title:Unintended detrimental effects of environmental policy: The green paradox and beyond PDF Logo
Authors:van der Werf, Edwin
Di Maria, Corrado
Issue Date:2011
Series/Report no.:CESifo working paper: Energy and Climate Economics 3466
Abstract:Well-intended policies aimed at reducing greenhouse gas emissions may have unintended undesirable consequences. Recently, a large literature has emerged showing under what conditions this so-called 'Green Paradox' may occur. We review this literature and identify the key mechanisms behind these paradoxical policy outcomes and highlight avenues for future research.
Subjects:climate policy
green paradox
non-renewable resources
scarcity
carbon tax
announcement effects
implementation lag
carbon leakage
backstop technology
JEL:F18
Q31
Q41
Q42
Q54
Q58
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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