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Jevons’ paradox revisited: Implications for climate change

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  • Siami, Navid
  • Winter, Ralph A.

Abstract

Improved fuel efficiency may raise the flow of carbon emissions, from Jevons’ paradox. We point out that it always raises the stock of total carbon emitted. If carbon capture and sequestration are improving over time, however, this paradox may be reversed.

Suggested Citation

  • Siami, Navid & Winter, Ralph A., 2021. "Jevons’ paradox revisited: Implications for climate change," Economics Letters, Elsevier, vol. 206(C).
    • Handle: RePEc:eee:ecolet:v:206:y:2021:i:c:s0165176521002329
    DOI: 10.1016/j.econlet.2021.109955
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    References listed on IDEAS

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    1. Matthias Kalkuhl & Ottmar Edenhofer & Kai Lessmann, 2015. "The Role of Carbon Capture and Sequestration Policies for Climate Change Mitigation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 60(1), pages 55-80, January.
    2. Stiglitz, Joseph E, 1976. "Monopoly and the Rate of Extraction of Exhaustible Resources," American Economic Review, American Economic Association, vol. 66(4), pages 655-661, September.
    3. Malte Meinshausen & Nicolai Meinshausen & William Hare & Sarah C. B. Raper & Katja Frieler & Reto Knutti & David J. Frame & Myles R. Allen, 2009. "Greenhouse-gas emission targets for limiting global warming to 2 °C," Nature, Nature, vol. 458(7242), pages 1158-1162, April.
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    Cited by:

    1. José Oliveira & António Azevedo & João J. Ferreira & Sofia Gomes & João M. Lopes, 2021. "An insight on B2B Firms in the Age of Digitalization and Paperless Processes," Sustainability, MDPI, vol. 13(21), pages 1-21, October.
    2. Meng Sun & Yue Zhang & Yaqi Hu & Jiayi Zhang, 2022. "Spatial Convergence of Carbon Productivity: Theoretical Analysis and Chinese Experience," IJERPH, MDPI, vol. 19(8), pages 1-19, April.

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    More about this item

    Keywords

    Climate change; Innovation; Exhaustible resources;
    All these keywords.

    JEL classification:

    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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