کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
108286 | 161894 | 2013 | 4 صفحه PDF | دانلود رایگان |
A Schumpeterian case can be made for boosting Green Growth in a global economic crisis. The best way to achieve this is a combination of R&D subsidies to redirect growth from polluting to clean economic activities and a credible, rising carbon tax to speed up the transition to the carbon-free era. If a carbon tax is infeasible, renewables subsidies might be a second-best alternative to reduce the duration of the fossil fuel era and curb cumulative carbon emissions despite some adverse, short-run Green Paradox effects.
► A Schumpeterian case can be made for boosting Green Growth in a global economic crisis.
► The best way to achieve this is a combination of R&D subsidies and a rising carbon tax.
► This redirects growth towards clean activities and speeds up the transition to the carbon-free era.
► If a carbon tax is infeasible, renewables subsidies might be a second-best alternative.
► This shortens the fossil fuel era and curbs cumulative emissions despite higher fossil fuel use in the short run.
Journal: Environmental Innovation and Societal Transitions - Volume 6, March 2013, Pages 116–119