Second-best renewable subsidies to de-carbonize the economy: commitment and the Green Paradox
Climate change must deal with two market failures: global warming and learning by doing in renewable energy production. The first-best policy consists of an aggressive renewables subsidy in the near term and a gradually rising and falling carbon tax. Given that global carbon taxes remain elusive, po...
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| বিন্যাস: | Journal article |
| প্রকাশিত: |
Springer Netherlands
2016
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Second-best renewable subsidies to de-carbonize the economy: commitment and the green paradox
প্রকাশিত 2016
Working paper