Buy Coal! A Case for Supply-Side Environmental Policy
Bibliographic Data
| ID | 10175683 |
|---|---|
| Authors | Bård Harstad (University of Oslo, corresponding author) |
| Year | 2012 |
| Volume | 120 |
| Issue | 1 |
| Pages | 77-115 |
| Publication date | 2012-02-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/665405 |
| OpenAlex | W2100675411 |
| Language | EN |
| Citations received | 32 |
| References cited | 26 |
Free-riding is at the core of environmental problems. If a climate coalition reduces its emissions, world prices change and nonparticipants typically emit more; they may also extract the dirtiest type of fossil fuel and invest too little in green technology. The coalition's second-best policy distorts trade and is not time consistent. However, suppose that the countries can trade the rights to exploit fossil-fuel deposits: As soon as the market clears, the above-mentioned problems vanish and the first-best is implemented. In short, the coalition's best policy is to simply buy foreign deposits and conserve them
Climate change · Climate policy · Coal · Core (optical fiber · Economics · Emissions trading · Environmental policy · Exploit · Fossil fuel · International economics · International trade · Natural resource economics · Supply side · Waste management · Climate Change Policy and Economics · Energy, Environment, and Transportation Policies · Engineering · Fiscal Policy and Economic Growth
Fossil fuel supply and climate policy
Towards a fossil fuel non-proliferation treaty
Consumption-based GHG emission accounting
Overlapping Climate Policies
Prolonging coal’s sunset
A reflection on the trading of pollution rights via land use exchanges and controls
Political Economy of Environmental Policy Under Trade
Evaluating the environmental and economic implications of curbing transboundary pollution
Proportionally Matching Voluntary Contributions to Global Public Good Institutions
“Bad” Oil, “Worse” Oil, and Carbon Misallocation
The Economics of Border Carbon Adjustment
Equitable, effective, and feasible approaches for a prospective fossil fuel transition
The Mitigation Trinity
Coal transitions—part 1
Climate policy and dependence on traded carbon
Market Redirection Leakage in the Palm Oil Market
Governing fossil fuel production in the age of climate disruption
A subnational carbon curse? Fossil fuel richness and carbon intensity among US states
The political economy of fossil fuel production in the Post-Paris Era
Regulating production rather than consumption? Comparing the challenges of supply-side and demand-side climate agreements
Politics, profits and climate policies
The finance perspective on fossil fuel divestment
Coal and climate change
The environmental and economic effects of international cooperation on restricting fossil fuel supply
A just compensation for leaving it in the ground
Tradable climate liabilities
Participation and Duration of Environmental Agreements
Demand- Versus Supply-Side Climate Policies with a Carbon Dioxide Ceiling
Just cuts for fossil fuels? Supply-side carbon constraints and energy transition
Popular Support for Climate Policies Across Political Divides? The Importance of Climate Concern
Green Growth, Green Paradox and the global economic crisis
Commodity exports and transboundary atmospheric impacts
| Unique citing works | 32 |
|---|---|
| Citations per year | 2,46 |
| Citation span | 2013 - 2026 (14) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 32 |