Pricing carbon and adjusting capital to fend off climate catastrophes
"The optimal reaction to a potential productivity shock as a consequence of climate tipping is to substantially tax carbon in order to curb the risk of tipping, but to adjust capital as well in order to smooth consumption when tipping occurs. We also allow for conventional marginal climate dama...
Main Authors: | Van der Ploeg, Rick, de Zeeuw, Aart |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Oxford
2018
University of Oxford |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19303661124911218439-Pricing-carbon-and-adjusting-c.htm |
Similar Items
-
Non-cooperative and cooperative responses to climate catastrophes in the global economy: a North-South perspective
by: van der Ploeg, Frederick, et al.
Published: (2015) -
The optimal carbon tax and economic growth: additive versus multiplicative damages
by: Rezai, Armon, et al.
Published: (2012) -
Climate policy and stranded carbon assets: a financial perspective
by: Van der Ploeg, Rick, et al.
Published: (2018) -
Optimum growth and carbon policies with lags in the climate system
by: Bretschger, Lucas, et al.
Published: (2014) -
Where is the carbon tax after thirty years of research?
by: Timilsinas, Govinda R.
Published: (2018)