Climate Effects of Carbon Taxes, Taking into Account Possible Other Future Climate Measures
| fulltext etc. |
| versione breve |
The increase of fuel extraction costs as well as of temperature will
make it likely that in the medium-term future technological or
political measures against global warming may be implemented.
In assessments of a current climate policy the possibility of
medium-term future developments like backstop technologies is
largely neglected but can crucially affect its impact. Given
such a future measure, a currently introduced carbon tax may more
generally mitigate climate change than recent reflections
along the line of the Green Paradox would suggest. Notably,
the weak and the strong version of the Green Paradox, related to
current and longer-term emissions, may not materialize.
Moreover, the tax may allow the demanding countries to extract
part of the resource rent, further increasing its desirability |
| tipo | bozza lavoro (English) |
| parole chiave |
climate change policy, greenhouse gas tax, carbon tax, Green Paradox, anticipation effects, exhaustible resources, fossil fuels market, backstop technology, uncertainty, resource rent |
| data di apparenza | 2011 |
| titolo della serie | CESifo Working Papers |
| Editore | Ifo Institute for Economic Research (CESifo Group Munich) (Munich) |
| review | not review |
| citation | Habermacher, F., & Kirchgässner, G. (2011). Climate Effects of Carbon Taxes, Taking into Account Possible Other Future Climate Measures. CESifo Working Papers. Munich: Ifo Institute for Economic Research (CESifo Group Munich). |