Buy Coal! A Case for Supply-Side Environmental Policy
نویسندگان
چکیده
منابع مشابه
Buy coal! Deposit markets prevent carbon leakage
If a coalition of countries implements climate policies, nonparticipants tend to consume more, pollute more, and invest too little in renewable energy sources. In response, the coalitions equilibrium policy distorts trade and it is not time consistent. By adding a market for the right to exploit fossil fuel deposits, I show that these problems vanish and the rst best is implemented. When the ...
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تاریخ انتشار 2012