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Public policies against global warming: a supply side approach

International tax and public finance, 2008-08, Vol.15 (4), p.360-394 [Peer Reviewed Journal]

Springer Science+Business Media, LLC 2008 ;ISSN: 0927-5940 ;EISSN: 1573-6970 ;DOI: 10.1007/s10797-008-9082-z

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Title:
Public policies against global warming: a supply side approach
Author: Sinn, Hans-Werner
Subjects: Business Taxation/Tax Law ; Carbon dioxide ; Carbon taxes ; Climate change ; Economic models ; Economic statistics ; Economic theory ; Economics ; Economics and Finance ; Emissions ; Energy industry ; Environmental economics ; Environmental policy ; Environmental tax ; Fossil fuels ; Global warming ; Greenhouse effect ; Greenhouse gases ; H23 ; Ice ages ; Industrial concentration ; Kyoto Protocol ; O13 ; Pollution control ; Public Finance ; Public policy ; Q32 ; Q54 ; Sea level ; Studies ; Suppliers
Is Part Of: International tax and public finance, 2008-08, Vol.15 (4), p.360-394
Description: The countries that have ratified the Kyoto Protocol have pledged to limit global warming by reducing the demand for fossil fuels. But what about supply? If suppliers do not react, demand reductions by a subset of countries are ineffective. They simply depress the world price of carbon and induce the environmental sinners to consume what the Kyoto countries have economized on. Even worse, if suppliers feel threatened by a gradual greening of economic policies in the Kyoto countries that would damage their future prices; they will extract their stocks more rapidly, thus accelerating global warming. The paper discusses the remaining policy options against global warming from an intertemporal supply-side perspective.
Publisher: Boston: Springer US
Language: English
Identifier: ISSN: 0927-5940
EISSN: 1573-6970
DOI: 10.1007/s10797-008-9082-z
Source: Alma/SFX Local Collection
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ProQuest Central

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Public policies against global warming: a supply side approach

Springer Science+Business Media, LLC 2008 ;ISSN: 0927-5940 ;EISSN: 1573-6970 ;DOI: 10.1007/s10797-008-9082-z

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