The green paradox and learning-by-doing in the renewable energy sector

Daniel Nachtigall and Dirk Rübbelke

Resource and Energy Economics, 2016, vol. 43, issue C, 74-92

Abstract: The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the reaction of fossil fuel suppliers. The prospect of carbon taxes being implemented in the future induces resource owners to extract more rapidly which increases present carbon dioxide emissions and accelerates global warming. However, our results suggest that future carbon taxes may decrease present emissions if resource owners face increasing marginal extraction costs and if there is a clean energy source that is a perfect substitute and exhibits learning-by-doing (LBD).

Keywords: Climate change; Exhaustible resources; Learning-by-doing; Green paradox (search for similar items in EconPapers)
JEL-codes: H23 Q28 Q38 Q54 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0928765515000731
Full text for ScienceDirect subscribers only

Related works:
Working Paper: The Green Paradox and Learning-by-Doing in the Renewable Energy Sector (2014)
Working Paper: The Green Paradox and Learning-by-doing in the Renewable Energy Sector (2013)
Working Paper: The Green Paradox and Learning-by-Doing in the Renewable Energy Sector
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:eee:resene:v:43:y:2016:i:c:p:74-92

DOI: 10.1016/j.reseneeco.2015.11.003

Access Statistics for this article

Resource and Energy Economics is currently edited by J. F. Shogren and S. Smulders

More articles in Resource and Energy Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().