Carbon Prices for The Next Hundred Years
Datos Bibliográficos
| ID | 9720693 |
|---|---|
| Autores | Reyer Gerlagh (0000-0001-9781-9212, Tilburg University), Matti Liski (0000-0002-8313-6231, Aalto University) |
| Año | 2018 |
| Volumen | 128 |
| Número | 609 |
| Páginas | 728-757 |
| Fecha de publicación | 2018-03-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | The Economic Journal (JOURNAL) |
| Identificadores de la revista | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Editorial | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12436 |
| OpenAlex | W653696280 |
| Idioma | EN |
| Citas recibidas | 9 |
| Referencias citadas | 57 |
This article examines the socially optimal pricing of carbon emissions over time when climate‐change impacts are unknown, potentially high‐consequence events. The carbon price tends to increase with income. But learning about impacts, or their absence, decouples the carbon price from income growth. The price should grow faster than the economy if the past warming is not substantial enough for learning the true long‐run social cost. It grows slower than the economy as soon as the warming generates information about events that could have arrived but have not done so. A quantitative assessment shows that the price grows roughly at the rate of the economy for the next 100 years
Carbon fibers · Carbon price · Climate change · Economics · Economy · Global warming · Greenhouse gas · Microeconomics · Natural resource economics · Social cost · Climate Change Policy and Economics · Ecology · Economic and Environmental Valuation · Energy, Environment, and Transportation Policies
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| Obras citantes distintas | 9 |
|---|---|
| Citas por año | 1,13 |
| Intervalo de citas | 2018 - 2024 (7) |
| Velocidad de citación | recent |
| Altamente citado | No |
| Tipos de cita | Neutras: 9 |