Cumulative emissions, unburnable fossil fuel, and the optimal carbon tax
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 techn...
| Main Authors: | , |
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| Format: | Others |
| Language: | en |
| Published: |
Elsevier
2017
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| Subjects: | |
| Online Access: | http://epub.wu.ac.at/5281/1/1%2Ds2.0%2DS0040162516304772%2Dmain.pdf http://dx.doi.org/10.1016/j.techfore.2016.10.016 |