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Unilaterally optimal climate policy and the green paradox

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  • Kollenbach, Gilbert
  • Schopf, Mark

Abstract

Consider a Hotelling model with exploration investments, a backstop technology and two groups of countries, a climate coalition and a free-riding fringe.

Suggested Citation

  • Kollenbach, Gilbert & Schopf, Mark, 2022. "Unilaterally optimal climate policy and the green paradox," Journal of Environmental Economics and Management, Elsevier, vol. 113(C).
    • Handle: RePEc:eee:jeeman:v:113:y:2022:i:c:s0095069622000304
    DOI: 10.1016/j.jeem.2022.102649
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    More about this item

    Keywords

    Backstop technology; Carbon leakage; Climate change; Exhaustible resource;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • Q31 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Demand and Supply; Prices
    • Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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