Closing coal: economics and moral incentives

Climate policy requires that much of the world's reserves of fossil fuels remain unburned. This paper makes the case for implementing this directly through policy to close the global coal industry. Coal is singled out because of its high emissions intensity, low rents per unit value, local envi...

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Bibliographic Details
Main Authors: Venables, A, Collier, P
Format: Working paper
Published: University of Oxford 2014