Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/168245 
Year of Publication: 
2017
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Environmental Economics, Natural Resources and Climate Change III No. F17-V2
Publisher: 
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft, Kiel, Hamburg
Abstract: 
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.
JEL: 
Q41
Q42
Q54
Q58
Document Type: 
Conference Paper

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