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Climate Experts’ Views on Hydrocarbon Energy Phase-Out

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  • Kai A. Konrad
  • Raisa Sherif

Abstract

Climate experts delegated by countries to COP 24 and COP 25 show much agreement on international energy policy measures in the context of climate protection. Experts on average also agree with the proposal of compensating countries with large oil and gas reserves for not extracting them. But experts are more likely to agree with the proposed policy when they believe that their countries are reliant on oil and gas revenues, and hence potential recipients of the compensation.

Suggested Citation

  • Kai A. Konrad & Raisa Sherif, 2022. "Climate Experts’ Views on Hydrocarbon Energy Phase-Out," Working Papers tax-mpg-rps-2022-10, Max Planck Institute for Tax Law and Public Finance.
    • Handle: RePEc:mpi:wpaper:tax-mpg-rps-2022-10
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    File URL: https://www.tax.mpg.de/RePEc/mpi/wpaper/TAX-MPG-RPS-2022-10.pdf
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    References listed on IDEAS

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    6. Bård Harstad, 2012. "Buy Coal! A Case for Supply-Side Environmental Policy," Journal of Political Economy, University of Chicago Press, vol. 120(1), pages 77-115.
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    More about this item

    Keywords

    Hydrocarbons Climate Change Energy Transition UN Climate Change Conference Climate Policy Compensation Payments Natural Gas Oil Reserves;

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q35 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Hydrocarbon Resources
    • Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)

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