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Title:The supply side of CO2 with country heterogeneity PDF Logo
Authors:Hoel, Michael
Issue Date:2011
Series/Report no.:CESifo working paper: Energy and Climate Economics 3393
Abstract:Several recent articles have analyzed climate policy giving explicit attention to the non-renewable character of carbon resources. In most of this literature the economy is treated as a single unit, which in the context of climate policy seems reasonable to interpret as the whole world. However, carbon taxes and other climate policies differ substantially across countries. With such heterogeneity, the effects on emission paths of changes in taxes, costs and subsidies may be very different from what one finds for a hypothetical world of identical countries.
Subjects:climate change
exhaustible resources
renewable energy
green paradox
JEL:Q31
Q41
Q42
Q54
Q58
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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