The green paradox and learning-by-doing in the renewable energy sector:
The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the reaction of fossil fuel suppliers. In particular, carbon taxes that will be implemented in the future induce resource owners to extract more rapidly which increases present carbon d...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Berlin
Freie Univ. Berlin, FB Wirtschaftswiss.
2014
|
| Schriftenreihe: | Diskussionsbeiträge des Fachbereichs Wirtschaftswissenschaft der Freien Universität Berlin
2014,31 : Economics |
| Schlagworte: | |
| Online-Zugang: | kostenfrei |
| Zusammenfassung: | The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the reaction of fossil fuel suppliers. In particular, carbon taxes that will be implemented in the future induce resource owners to extract more rapidly which increases present carbon dioxide emissions and accelerates global warming. Our results suggest that future carbon taxes may even 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). If the marginal extraction cost curve is sufficiently at, resource owners respond to a future carbon tax with lowering total extraction and only slightly increase present extraction. Moreover, taxation leads to higher energy prices which induces the renewable energy firms to increase output not only in the future, but also in the present because of the anticipated benefits from LBD. This crowds out energy from the combustion of fossil fuels and may outweigh the initial increase in present extraction, leading to less emissions in the present. |
| Beschreibung: | 1 Online-Ressource (43 S.) graph. Darst. |
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| id | DE-604.BV042197671 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T01:15:05Z |
| institution | BVB |
| language | English |
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| publishDate | 2014 |
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| publisher | Freie Univ. Berlin, FB Wirtschaftswiss. |
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| series | Diskussionsbeiträge des Fachbereichs Wirtschaftswissenschaft der Freien Universität Berlin |
| series2 | Diskussionsbeiträge des Fachbereichs Wirtschaftswissenschaft der Freien Universität Berlin |
| spelling | Nachtigall, Daniel Verfasser (DE-588)1061113221 aut The green paradox and learning-by-doing in the renewable energy sector Daniel Nachtigall ; Dirk Rübbelke Berlin Freie Univ. Berlin, FB Wirtschaftswiss. 2014 1 Online-Ressource (43 S.) graph. Darst. txt rdacontent c rdamedia cr rdacarrier Diskussionsbeiträge des Fachbereichs Wirtschaftswissenschaft der Freien Universität Berlin 2014,31 : Economics The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the reaction of fossil fuel suppliers. In particular, carbon taxes that will be implemented in the future induce resource owners to extract more rapidly which increases present carbon dioxide emissions and accelerates global warming. Our results suggest that future carbon taxes may even 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). If the marginal extraction cost curve is sufficiently at, resource owners respond to a future carbon tax with lowering total extraction and only slightly increase present extraction. Moreover, taxation leads to higher energy prices which induces the renewable energy firms to increase output not only in the future, but also in the present because of the anticipated benefits from LBD. This crowds out energy from the combustion of fossil fuels and may outweigh the initial increase in present extraction, leading to less emissions in the present. Widerspruch (DE-588)4189802-3 gnd rswk-swf Energiewirtschaft (DE-588)4014743-5 gnd rswk-swf Erneuerbare Energien (DE-588)4068598-6 gnd rswk-swf Anthropogene Klimaänderung (DE-588)4290733-0 gnd rswk-swf Energiewirtschaft (DE-588)4014743-5 s Erneuerbare Energien (DE-588)4068598-6 s Anthropogene Klimaänderung (DE-588)4290733-0 s Widerspruch (DE-588)4189802-3 s DE-188 Rübbelke, Dirk T. G. 1972- Verfasser (DE-588)123839106 aut Diskussionsbeiträge des Fachbereichs Wirtschaftswissenschaft der Freien Universität Berlin 2014,31 : Economics (DE-604)BV026641400 2014,31 http://edocs.fu-berlin.de/docs/receive/FUDOCS_document_000000021267 kostenfrei Volltext |
| spellingShingle | Nachtigall, Daniel Rübbelke, Dirk T. G. 1972- The green paradox and learning-by-doing in the renewable energy sector Diskussionsbeiträge des Fachbereichs Wirtschaftswissenschaft der Freien Universität Berlin Widerspruch (DE-588)4189802-3 gnd Energiewirtschaft (DE-588)4014743-5 gnd Erneuerbare Energien (DE-588)4068598-6 gnd Anthropogene Klimaänderung (DE-588)4290733-0 gnd |
| subject_GND | (DE-588)4189802-3 (DE-588)4014743-5 (DE-588)4068598-6 (DE-588)4290733-0 |
| title | The green paradox and learning-by-doing in the renewable energy sector |
| title_auth | The green paradox and learning-by-doing in the renewable energy sector |
| title_exact_search | The green paradox and learning-by-doing in the renewable energy sector |
| title_full | The green paradox and learning-by-doing in the renewable energy sector Daniel Nachtigall ; Dirk Rübbelke |
| title_fullStr | The green paradox and learning-by-doing in the renewable energy sector Daniel Nachtigall ; Dirk Rübbelke |
| title_full_unstemmed | The green paradox and learning-by-doing in the renewable energy sector Daniel Nachtigall ; Dirk Rübbelke |
| title_short | The green paradox and learning-by-doing in the renewable energy sector |
| title_sort | the green paradox and learning by doing in the renewable energy sector |
| topic | Widerspruch (DE-588)4189802-3 gnd Energiewirtschaft (DE-588)4014743-5 gnd Erneuerbare Energien (DE-588)4068598-6 gnd Anthropogene Klimaänderung (DE-588)4290733-0 gnd |
| topic_facet | Widerspruch Energiewirtschaft Erneuerbare Energien Anthropogene Klimaänderung |
| url | http://edocs.fu-berlin.de/docs/receive/FUDOCS_document_000000021267 |
| volume_link | (DE-604)BV026641400 |
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