The Green Paradox and Greenhouse Gas Reducing Investments
If governments cannot commit to future carbon tax rates, investments in greenhouse gas mitigation will be based on uncertain and/or wrong predictions about these tax rates. Predictions about future carbon tax rates are also important for decisions made by owners of nonrenewable carbon resources. The effects of the size of expected future carbon taxes on near-term emissions and investments in substitutes for carbon energy depend significantly on how rapidly extraction costs increase with increasing total extraction. In addition, the time profile of the returns to investments in noncarbon substitutes is important for the effects on emissions and investments.
Volume (Year): 5 (2011)
Issue (Month): 4 (September)
|Contact details of provider:|| Web page: http://www.nowpublishers.com/ |
When requesting a correction, please mention this item's handle: RePEc:now:jirere:101.00000046. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alet Heezemans)
If references are entirely missing, you can add them using this form.