Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/46337 
Year of Publication: 
2011
Series/Report no.: 
CESifo Working Paper No. 3466
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
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
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