Chapter 6: Pricing Climate Change

Lars Calmfors, Giancarlo Corsetti, John Hassler, Gilles Saint-Paul, Hans-Werner Sinn, Jan-Egbert Sturm, Akos Valentinyi () and Xavier Vives

EEAG Report on the European Economy, 2012, 131-145

Abstract: Burning of fossil fuel is the main reason behind manmade climate change. By burning the carbon content, carbon dioxide is produced and quickly spreads in the global atmosphere. This increases the greenhouse effect, thereby changing the earth’s energy balance. Concern over the negative consequences of climate change has led to a vast array of policy measures aimed at reducing the use of fossil fuel. This chapter examines some aspects of these policies. It discusses the arguments for taxes and quantity restrictions on CO2-emitting activities, and especially on the burning of fossil fuel, as well as policies to subsidise substitutes for these activities, particularly the use and development of technologies producing non-fossil based “green energy”.

Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.cesifo.org/DocDL/eeag_report_chap6_2012.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ces:eeagre:v::y:2012:i::p:131-145

Access Statistics for this article

More articles in EEAG Report on the European Economy from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().