Journal article icon

Journal article

Cumulative emissions, unburnable fossil fuel, and the optimal carbon tax

Abstract:

A stylised analytical framework is used to show how the global carbon tax and the amount of untapped fossil fuel can be calculated from a simple rule given estimates of society’s rate of time impatience and intergenerational inequality aversion, the extraction cost technology, the rate of technical progress in renewable energy and the future trend rate of economic growth. The predictions of the simple framework are tested in a calibrated numerical and more complex ...

Expand abstract
Publication status:
Published
Peer review status:
Peer reviewed
Version:
Publisher's version

Actions


Access Document


Files:
Publisher copy:
10.1016/j.techfore.2016.10.016

Authors


More by this author
Department:
Oxford, SSD, Economics
More from this funder
Funding agency for:
van der Ploeg, F
More from this funder
Funding agency for:
van der Ploeg, F
Publisher:
Elsevier Publisher's website
Journal:
Technological Forecasting and Social Change Journal website
Publication date:
2016-11-05
Acceptance date:
2016-10-19
DOI:
ISSN:
0040-1625
Pubs id:
pubs:661088
URN:
uri:39877200-4e0e-4a1c-b533-5b18dac11451
UUID:
uuid:39877200-4e0e-4a1c-b533-5b18dac11451
Local pid:
pubs:661088

Terms of use


Metrics



If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP