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Resource rents: The effects of energy taxes and quantity instruments for climate protection

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  • Eisenack, Klaus
  • Edenhofer, Ottmar
  • Kalkuhl, Matthias

Abstract

Carbon dioxide emissions correspond to fossil resource use. When considering this supply side of climate protection, crucial questions come to fore. It seems likely that owners of fossil resources would object to emission reductions. Moreover, policy instruments such as taxes may not be effective at all: it seems individually rational to leave no fossil resources unused. In this context, it can be expected that economic sectors will react strategically to climate policy, aiming at a re-distribution of rents.

Suggested Citation

  • Eisenack, Klaus & Edenhofer, Ottmar & Kalkuhl, Matthias, 2012. "Resource rents: The effects of energy taxes and quantity instruments for climate protection," Energy Policy, Elsevier, vol. 48(C), pages 159-166.
    • Handle: RePEc:eee:enepol:v:48:y:2012:i:c:p:159-166
    DOI: 10.1016/j.enpol.2012.05.001
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    3. Andreas A. Renz & Christoph Weber, 2012. "A Hotelling Model for Fixed-Cost Driven Power Generation," EWL Working Papers 1206, University of Duisburg-Essen, Chair for Management Science and Energy Economics, revised Jan 2013.
    4. Concetta Castiglione & Davide Infante & Maria Teresa Minervini & Janna Smirnova, 2014. "Environmental taxation in Europe: What does it depend on?," Cogent Economics & Finance, Taylor & Francis Journals, vol. 2(1), pages 1-8, December.
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    7. Johannes Pfeiffer, 2017. "Fossil Resources and Climate Change – The Green Paradox and Resource Market Power Revisited in General Equilibrium," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 77.
    8. Christian Beermann, 2015. "Climate Policy and the Intertemporal Supply of Fossil Resources," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 62.
    9. Hua Xiang & Xueting Zeng & Hongfang Han & Xianjuan An, 2023. "Impact of Population Aging on Carbon Emissions in China: An Empirical Study Based on a Kaya Model," IJERPH, MDPI, vol. 20(3), pages 1-20, January.
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