Climate Policy and Nonrenewable Resources by Karen Pittel, Rick Van Der Ploeg, Cees Withagen

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Climate Policy and Nonrenewable Resources

Author : Karen Pittel, Rick Van Der Ploeg, Cees Withagen

Publisher : MIT Press

Published : 2014-08-22

ISBN-10 : 0262319845

ISBN-13 : 9780262319843

Number of Pages : 304 Pages

Language : en

Descriptions Climate Policy and Nonrenewable Resources

A detailed and rigorous analysis of the effect of climate policies on climate change that questions the empirical and theoretical support for the “green paradox.”Recent developments suggest that well-intended climate policies—including carbon taxes and subsidies for renewable energy—might not accomplish what policy makers intend. Hans-Werner Sinn has described a “green paradox,” arguing that these policies could hasten global warming by encouraging owners of fossil fuel reserves to increase their extraction rates for fear that their reserves will become worthless. In this volume, economists investigate the empirical and theoretical support for the green paradox. Offering detailed and rigorous analyses of the forces and assumptions driving Sinn's argument, the contributors consider whether rising carbon tax rates inevitably speed up climate change; the effects of the design of resource markets, the availability of clean substitutes, and the development of new technologies; and the empirical evidence (or lack thereof) for the green paradox result. They consider extraction costs; sustainability and innovation; timing, announcement effects, and time consistency in relation to policy measures; and empirical results for the green paradox phenomena under several alternative policy measures. ContributorsJulien Daubanes, Corrado Di Maria, Carolyn Fischer, Florian Habermacher, Michael Hoel, Darko Jus, Gebhard Kirchgassner, Ian Lange, Pierre Lasserre, Volker Meier, Karen Pittel, Stephen Salant, Frank Stähler, Gerard van der Meijden, Frederick van der Ploeg, Edwin van der Werf, Ngo Van Long, Ralph A. Winter, Cees Withagen

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Results Climate Policy and Nonrenewable Resources

What is renewable energy? | United Nations - Renewable energy is energy derived from natural sources that are replenished at a higher rate than they are consumed. Sunlight and wind, for example, are such sources that are constantly

Renewable energy, facts and information - National Geographic - Environment; Reference; Renewable energy, explained. Solar, wind, hydroelectric, biomass, and geothermal power can provide energy without the planet-warming effects of fossil fuels

Climate Policy and Nonrenewable Resources - Google Books - A detailed and rigorous analysis of the effect of climate policies on climate change that questions the empirical and theoretical support for the "green paradox."Recent developments suggest that well-intended climate policies—including carbon taxes and subsidies for renewable energy—might not accomplish what policy makers intend. Hans-Werner Sinn has described a "green paradox

Nonrenewable Resource: Definition, Features, and Examples - Investopedia - Nonrenewable Resource: A nonrenewable resource is a resource of economic value that cannot be readily replaced by natural means on a level equal to its consumption. Most fossil fuels, such as oil

Nonrenewable Resources - National Geographic Society - This means that nonrenewable resources are limited in supply and cannot be used sustainably. There are four major types of nonrenewable resources: oil, natural gas, coal, and nuclear energy. Oil, natural gas, and coal are collectively called fossil fuels. Fossil fuels were formed within the Earth from dead plants and animals over millions of

5 alternative energy sources to speed our transition away from fossil - CNN —. As climate change fuels more extreme weather events, and environmental disasters like last weekend's oil spill threaten wildlife and human health, more people are banking on clean

[PDF] Climate Policy and Nonrenewable Resources: The Green Paradox and - Recent developments suggest that well-intended climate policies--including carbon taxes and subsidies for renewable energy -- might not accomplish what policy makers intend. Hans-Werner Sinn has described a "green paradox," arguing that these policies could hasten global warming by encouraging owners of fossil fuel reserves to increase their extraction rates for fear that their reserves will

China's Fight Against Climate Change and Environmental Degradation - Energy and Climate Policy. ... More than 60 percent of BRI-specific energy financing has gone toward nonrenewable resources. Greenhouse gas emissions in more than a dozen BRI countries have soared

Fossil fuels—facts and information - National Geographic - Learn how human use of fossil fuels—non-renewable energy sources, such as coal, oil, and natural gas—affect climate change. By Christina Nunez Published April 2, 2019

Climate Policy and Nonrenewable Resources: The Green Paradox ... - JSTOR - Hans-Werner Sinn (2008) coined the expression, implying "that good intentions do not always breed good deeds" (p. 380). More generally, the credible threat of a "gradual greening of economic policies" (Sinn 2008, p. 360) causes markets to consume stocks of nonrenewable resources more rapidly. This phenomenon has received particular

Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond - More generally, the credible threat of a "gradual greening of economic policies" (Sinn 2008, p. 360) causes markets to consume stocks of nonrenewable resources more rapidly. This phenomenon has received particular attention in the context of climate change economics and policies

Learn about Energy and its Impact on the Environment | US EPA - All forms of electricity generation have an environmental impact on our air, water and land, but it varies. Of the total energy consumed in the United States, about 40% is used to generate electricity, making electricity use an important part of each person's environmental footprint. Producing and using electricity more efficiently reduces

Economic growth and the transition from non-renewable to renewable - We study when a transition to renewable energy takes place and whether it occurs before the non-renewable resource is exhausted. In addition, we analyze the impact of the initial values of the non-renewable resource and of the capital stock on the time of paths of the variables. ... (2012), 'Adaptive model-predictive climate policies in

The climate change debate dividing the World Bank - POLITICO - Still, he said at an event in Washington that even as crises like the pandemic, climate change and energy and food insecurity have mounted, contributions from bank shareholders — with the U.S

Optimal Commodity Taxation with a Non-Renewable Resource - This peculiarity of nonrenewable resources has several important implications for optimal taxation. First, reserve limitations generate economic rents. Second, the non-renewability of a natural resource makes economic distortions intertemporal. On the other hand, apart from the peculiarity of resource supply, Ramsey's original framework fits

Climate Policy and Nonrenewable Resources - MIT Press - A detailed and rigorous analysis of the effect of climate policies on climate change that questions the empirical and theoretical support for the "green paradox." Recent developments suggest that well-intended climate policies—including carbon taxes and subsidies for renewable energy—might not accomplish what policy makers intend

Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond - Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond (CESifo Seminar Series) [Pittel, Karen, Ploeg, Rick van der, Withagen, Cees, Pittel, Karen

The value of non-renewable resources in the era of climate change - The economic decline of Nauru, an island in the Central Pacific, is a cautionary tale. Nauru was the highest GDP per capita country in the world in the 1970s, due to the value of its phosphate deposits. A few decades later, the country reached the brink of economic collapse when its phosphate deposits ran out. Phosphate extraction had eroded the island's arable land and destroyed its

Non-Renewable Energy - National Geographic Society - Non-renewable energy comes from sources that will run out or will not be replenished in our lifetimes—or even in many, many lifetimes. Most non-renewable energy sources are fossil fuels: coal, petroleum, and natural is the main element in fossil this reason, the time period that fossil fuels formed (about 360-300 million years ago) is called the Carboniferous Period

Nonrenewable Resources - National Geographic Society - There are four major types of nonrenewable resources: oil, natural gas, coal, and nuclear energy. Oil, natural gas, and coal are collectively called fossil fuels. Fossil fuels were formed within the Earth from dead plants and animals over millions of years—hence the name “fossil” fuels

Climate Policy and Nonrenewable Resources: The Green ... - JSTOR - More generally, the credible threat of a “gradual greening of economic policies” (Sinn 2008, p. 360) causes markets to consume stocks of nonrenewable resources more rapidly. This phenomenon has received particular attention in the context of climate change economics and policies

Fossil fuels—facts and information - National Geographic - These non-renewable fuels, which include coal, oil, and natural gas, supply about 80 percent of the world’s energy. They provide electricity, heat, and transportation, while also feeding the

Non-Renewable Energy - National Geographic Society - Most non- renewable energy sources are fossil fuels: coal, petroleum, and natural gas. Carbon is the main element in fossil fuels. For this reason, the time period that fossil fuels formed (about 360-300 million years ago) is called the Carboniferous Period. All fossil fuels formed in a similar way

China’s Fight Against Climate Change and Environmental - having renewable energy sources account for 25 percent of total energy consumption by 2030; reducing carbon intensity, or the amount of carbon emitted per unit of GDP, by more than 65 percent

Climate Policy and Nonrenewable Resources: The Green Paradox - More generally, the credible threat of a “gradual greening of economic policies” (Sinn 2008, p. 360) causes markets to consume stocks of nonrenewable resources more rapidly. This phenomenon has received particular attention in the context of climate change economics and policies

Climate Policy and Nonrenewable Resources - MIT Press - Recent developments suggest that well-intended climate policies—including carbon taxes and subsidies for renewable energy—might not accomplish what policy makers intend. Hans-Werner Sinn has described a “green paradox,” arguing that these policies could hasten global warming by encouraging owners of fossil fuel reserves to increase