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FEEM Working Papers, Fondazione Eni Enrico Mattei >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/53201
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Di Maria, Corrado | | en_US |
| dc.contributor.author | | Smulders, Sjak | | en_US |
| dc.contributor.author | | van der Werf, Edwin | | en_US |
| dc.date.accessioned | | 2011-01-20 | | en_US |
| dc.date.accessioned | | 2011-12-15T11:31:10Z | | - |
| dc.date.available | | 2011-12-15T11:31:10Z | | - |
| dc.date.issued | | 2008 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/53201 | | - |
| dc.description.abstract | | We study the effectiveness of climate change policy in a model with multiple non-renewable resources that differ in their carbon content. We find that, when allowing some time between announcement and implementation of a cap on carbon dioxide emissions, emissions from non-renewable energy sources increase at the time of announcement. There are two channels behind this effect. First, since a binding constraint on emissions restricts energy use during some period of time, more must be extracted during other periods. Second, since low carbon energy sources are relatively more valuable when the policy is implemented, it is optimal to conserve them ahead of enforcement. This might induce a switch to high-carbon resources before the policy is implemented. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Fondazione Eni Enrico Mattei Milano | | en_US |
| dc.relation.ispartofseries | | Nota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development 92.2008 | | en_US |
| dc.subject.jel | | Q31 | | en_US |
| dc.subject.jel | | Q41 | | en_US |
| dc.subject.jel | | Q54 | | en_US |
| dc.subject.jel | | Q58 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Climate Policy | | en_US |
| dc.subject.keyword | | Non-renewable Resources | | en_US |
| dc.subject.keyword | | Announcement Effects | | en_US |
| dc.subject.keyword | | Scarcity | | en_US |
| dc.subject.keyword | | Order of Extraction | | en_US |
| dc.title | | Absolute abundance and relative scarcity: Announced policy, resource extraction, and carbon emissions | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 644371102 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | FEEM Working Papers, Fondazione Eni Enrico Mattei
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