Chapter 5: Global warming: The neglected supply side
CESifo Group Munich, Munich, 2008
in: EEAG Report on the European Economy 2008, 125-139
This chapter addresses one of the most long-term issues for mankind: global warming. The chapter points out that most existing analyses have neglected the supply side. Without a proper analysis of supply-side effects, demand-reducing measures, which are generally regarded as selfevident solutions (such as emission permits, taxes on fossil fuels and the subsidisation of alternative energy sources) risk being ineffective and in fact counterproductive.
Included in
EEAG Report on the European Economy 2008
CESifo Group Munich, Munich, 2008