Climate policy
Hassler, J., Krusell, P. & Nycander, J.
(2016).
Climate policy.
Economic Policy,
31(87), 503 - 558.
https://doi.org/10.1093/epolic/eiw007
This paper makes suggestions for climate policy and defends them based on recent research in economics and the natural sciences. In summary: (i) the optimal carbon tax is rather modest; (ii) the key climate threat is coal; (iii) a carbon tax is to be preferred over a quantity-based system; (iv) the optimal tax on carbon does not appreciably harm growth; (v) subsidies to green technology are beneficial for the climate only to the extent that they make green technology outcompete coal; and (vi) a carbon tax is politically feasible.
| Item Type | Article |
|---|---|
| Copyright holders | © 2016 CEPR, CESifo, Sciences Po |
| Departments | LSE > Academic Departments > Economics |
| DOI | 10.1093/epolic/eiw007 |
| Date Deposited | 13 Jul 2020 |
| URI | https://researchonline.lse.ac.uk/id/eprint/105625 |
Explore Further
- https://www.scopus.com/pages/publications/85014396079 (Scopus publication)
- https://academic.oup.com/economicpolicy (Official URL)