Is there really a green paradox?
In the absence of a CO2 tax, the anticipation of a cheaper renewable backstop increases current emissions of CO2. Since the date at which renewables are phased in is brought forward and more generally future emissions of CO2 will decrease, the effect on global warming is unclear. Green welfare falls...
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| Format: | Working paper |
| Udgivet: |
University of Oxford
2010
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