Green Expectations: Current Effects of Anticipated Carbon Pricing
نویسندگان
چکیده
منابع مشابه
Green Expectations: Current Effects of Anticipated Carbon Pricing∗
Forward-looking markets respond not just to current policies but also to expectations of future policies. The “green paradox” literature suggests that a future environmental policy increases emissions today, potentially even rendering the policy ineffective. However, the theory’s relevance has been an open question in the absence of empirical confirmation and measurement. I generalize the green...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2013
ISSN: 1556-5068
DOI: 10.2139/ssrn.2247736