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