Number of Authors: 3
2015 (English)In: Economic Policy: A European Forum, ISSN 0266-4658, E-ISSN 1468-0327, Vol. 31, no 87, 501-+ p.Article in journal (Refereed) Published
This paper makes suggestions for climate policy and defends them based on recent research in economics and the natural sciences. In summary: (i) the optimal carbon tax is rather modest; (ii) the key climate threat is coal; (iii) a carbon tax is to be preferred over a quantity-based system; (iv) the optimal tax on carbon does not appreciably harm growth; (v) subsidies to green technology are beneficial for the climate only to the extent that they make green technology outcompete coal; and (vi) a carbon tax is politically feasible.
Place, publisher, year, edition, pages
2015. Vol. 31, no 87, 501-+ p.
Integrated assessment, Environmental policy, Fossil fuel, Carbon, Growth, Tax, Ecomomics, System, Impact, World
Economics and Business
IdentifiersURN: urn:nbn:se:su:diva-135066ISI: 000383205300003OAI: oai:DiVA.org:su-135066DiVA: diva2:1061904
30th Anniversary Panel of Economic Policy Conference, Luxembourg, Luxembourg, October 16-17, 2015