{"id":"https://openalex.org/W2299319372","doi":"https://doi.org/10.1007/s10640-016-0086-3","title":"Second-Best Renewable Subsidies to De-carbonize the Economy: Commitment and the Green Paradox","display_name":"Second-Best Renewable Subsidies to De-carbonize the Economy: Commitment and the Green Paradox","publication_year":2016,"publication_date":"2016-11-23","ids":{"openalex":"https://openalex.org/W2299319372","doi":"https://doi.org/10.1007/s10640-016-0086-3","mag":"2299319372"},"language":"en","primary_location":{"id":"doi:10.1007/s10640-016-0086-3","doi":"https://doi.org/10.1007/s10640-016-0086-3","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s10640-016-0086-3","pdf_url":"https://link.springer.com/content/pdf/10.1007%2Fs10640-016-0086-3.pdf","source":{"id":"https://openalex.org/S86125002","display_name":"Environmental and Resource Economics","issn_l":"0924-6460","issn":["0924-6460","1573-1502"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-2","jufo-2","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Environmental and Resource Economics","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://link.springer.com/content/pdf/10.1007%2Fs10640-016-0086-3.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5076567350","display_name":"Armon Rezai","orcid":"https://orcid.org/0000-0002-6598-7307","observed_orcids":["https://orcid.org/0000-0002-6598-7307"]},"institutions":[{"id":"https://openalex.org/I102248843","display_name":"Vienna University of Economics and Business","ror":"https://ror.org/03yn8s215","country_code":"AT","type":"education","lineage":["https://openalex.org/I102248843"]},{"id":"https://openalex.org/I1317774081","display_name":"International Institute for Applied Systems Analysis","ror":"https://ror.org/02wfhk785","country_code":"AT","type":"nonprofit","lineage":["https://openalex.org/I1317774081"]},{"id":"https://openalex.org/I4210148578","display_name":"Vienna Institute for International Economic Studies","ror":"https://ror.org/04mybzy26","country_code":"AT","type":"nonprofit","lineage":["https://openalex.org/I4210148578"]}],"countries":["AT"],"is_corresponding":false,"raw_author_name":"Armon Rezai","raw_affiliation_strings":["Department of Socioeconomics, Vienna University of Economics and Business, Welthandelsplatz 1, 1020, Vienna, Austria","IIASA, Schlo\u00dfplatz 1, 2361, Laxenburg, Austria","WIIW, Rahlgasse 3, 1060, Vienna, Austria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Socioeconomics, Vienna University of Economics and Business, Welthandelsplatz 1, 1020, Vienna, Austria","institution_ids":["https://openalex.org/I102248843"]},{"raw_affiliation_string":"IIASA, Schlo\u00dfplatz 1, 2361, Laxenburg, Austria","institution_ids":["https://openalex.org/I1317774081"]},{"raw_affiliation_string":"WIIW, Rahlgasse 3, 1060, Vienna, Austria","institution_ids":["https://openalex.org/I4210148578"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5033254749","display_name":"Frederick van der Ploeg","orcid":"https://orcid.org/0000-0003-2340-4633","observed_orcids":["https://orcid.org/0000-0003-2340-4633"]},"institutions":[{"id":"https://openalex.org/I172901346","display_name":"St Petersburg University","ror":"https://ror.org/023znxa73","country_code":"RU","type":"education","lineage":["https://openalex.org/I172901346"]},{"id":"https://openalex.org/I40120149","display_name":"University of Oxford","ror":"https://ror.org/052gg0110","country_code":"GB","type":"education","lineage":["https://openalex.org/I40120149"]},{"id":"https://openalex.org/I865915315","display_name":"Vrije Universiteit Amsterdam","ror":"https://ror.org/008xxew50","country_code":"NL","type":"education","lineage":["https://openalex.org/I865915315"]}],"countries":["GB","NL","RU"],"is_corresponding":true,"raw_author_name":"Frederick van der Ploeg","raw_affiliation_strings":["Department of Economics, Oxford University, Manor Road Building, Manor Road, Oxford, OX1 3UQ, UK","Laboratory Economic Performance and the Environment, State University of St. Petersburg, Sankt-Peterburg, Russia, 199034","VU University Amsterdam, Amsterdam, The Netherlands"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Oxford University, Manor Road Building, Manor Road, Oxford, OX1 3UQ, UK","institution_ids":["https://openalex.org/I40120149"]},{"raw_affiliation_string":"Laboratory Economic Performance and the Environment, State University of St. Petersburg, Sankt-Peterburg, Russia, 199034","institution_ids":["https://openalex.org/I172901346"]},{"raw_affiliation_string":"VU University Amsterdam, Amsterdam, The Netherlands","institution_ids":["https://openalex.org/I865915315"]}]}],"institutions":[],"countries_distinct_count":4,"institutions_distinct_count":6,"corresponding_author_ids":["https://openalex.org/A5033254749"],"corresponding_institution_ids":["https://openalex.org/I172901346","https://openalex.org/I40120149","https://openalex.org/I865915315"],"apc_list":{"value":2390,"currency":"USD","value_usd":2390},"apc_paid":{"value":2390,"currency":"USD","value_usd":2390},"fwci":10.4156,"has_fulltext":true,"cited_by_count":52,"citation_normalized_percentile":{"value":0.97904792,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":99},"biblio":{"volume":"66","issue":"3","first_page":"409","last_page":"434"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12617","display_name":"Energy, Environment, and Transportation Policies","score":0.0006000000284984708,"subfield":{"id":"https://openalex.org/subfields/2105","display_name":"Renewable Energy, Sustainability and the Environment"},"field":{"id":"https://openalex.org/fields/21","display_name":"Energy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10438","display_name":"Energy, Environment, Economic Growth","score":0.0006000000284984708,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/renewable-energy-subsidies","display_name":"renewable energy subsidies","score":0.9589999914169312},{"id":"https://openalex.org/keywords/second-best-policy","display_name":"second-best policy","score":0.7889999747276306},{"id":"https://openalex.org/keywords/carbon-tax","display_name":"carbon tax","score":0.574999988079071},{"id":"https://openalex.org/keywords/commitment","display_name":"commitment","score":0.43700000643730164},{"id":"https://openalex.org/keywords/green-paradox","display_name":"green paradox","score":0.828000009059906},{"id":"https://openalex.org/keywords/hands-on-learning","display_name":"hands-on learning","score":0.8529999852180481},{"id":"https://openalex.org/keywords/decarbonization","display_name":"decarbonization","score":0.7049999833106995},{"id":"https://openalex.org/keywords/cumulative-carbon-emissions","display_name":"cumulative carbon emissions","score":0.6850000023841858},{"id":"https://openalex.org/keywords/welfare-loss","display_name":"welfare loss","score":0.7149999737739563},{"id":"https://openalex.org/keywords/climate-policy","display_name":"climate policy","score":0.7369999885559082},{"id":"https://openalex.org/keywords/fossil-fuel-consumption","display_name":"fossil fuel consumption","score":0.6700000166893005}],"concepts":[{"id":"https://openalex.org/C84265765","wikidata":"https://www.wikidata.org/wiki/Q193219","display_name":"Subsidy","level":2,"score":0.8988701105117798},{"id":"https://openalex.org/C153180980","wikidata":"https://www.wikidata.org/wiki/Q19776675","display_name":"Commit","level":2,"score":0.7688632011413574},{"id":"https://openalex.org/C2778976125","wikidata":"https://www.wikidata.org/wiki/Q288401","display_name":"Carbon tax","level":3,"score":0.7380496859550476},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7060944437980652},{"id":"https://openalex.org/C188573790","wikidata":"https://www.wikidata.org/wiki/Q12705","display_name":"Renewable energy","level":2,"score":0.6229267120361328},{"id":"https://openalex.org/C115343472","wikidata":"https://www.wikidata.org/wiki/Q7942","display_name":"Global warming","level":3,"score":0.568284809589386},{"id":"https://openalex.org/C175605778","wikidata":"https://www.wikidata.org/wiki/Q3299701","display_name":"Natural resource economics","level":1,"score":0.4973037540912628},{"id":"https://openalex.org/C174064186","wikidata":"https://www.wikidata.org/wiki/Q358063","display_name":"Deadweight loss","level":3,"score":0.468025267124176},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.4358353912830353},{"id":"https://openalex.org/C47737302","wikidata":"https://www.wikidata.org/wiki/Q167336","display_name":"Greenhouse gas","level":2,"score":0.40461358428001404},{"id":"https://openalex.org/C132651083","wikidata":"https://www.wikidata.org/wiki/Q7942","display_name":"Climate change","level":2,"score":0.3940577208995819},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.1867278516292572},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.10707339644432068},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C77088390","wikidata":"https://www.wikidata.org/wiki/Q8513","display_name":"Database","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":7,"locations":[{"id":"doi:10.1007/s10640-016-0086-3","doi":"https://doi.org/10.1007/s10640-016-0086-3","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s10640-016-0086-3","pdf_url":"https://link.springer.com/content/pdf/10.1007%2Fs10640-016-0086-3.pdf","source":{"id":"https://openalex.org/S86125002","display_name":"Environmental and Resource Economics","issn_l":"0924-6460","issn":["0924-6460","1573-1502"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-2","jufo-2","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Environmental and Resource Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:kap:enreec:v:66:y:2017:i:3:d:10.1007_s10640-016-0086-3","doi":null,"is_oa":true,"landing_page_url":"http://link.springer.com/10.1007/s10640-016-0086-3","pdf_url":"https://link.springer.com/content/pdf/10.1007/s10640-016-0086-3.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:epub.wu-wien.ac.at:5330","doi":null,"is_oa":true,"landing_page_url":"https://epub.wu.ac.at/5330/1/Rezai_vanderPloeg_2016_ERE_Second-Best-Renewable-Subsidies.pdf","pdf_url":"https://epub.wu.ac.at/5330/1/Rezai_vanderPloeg_2016_ERE_Second-Best-Renewable-Subsidies.pdf","source":{"id":"https://openalex.org/S4306400052","display_name":"ePubWU Institutional Repository (Wirtschaftsuniversit\u00e4t Wien)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:pure.iiasa.ac.at:13988","doi":null,"is_oa":true,"landing_page_url":"http://pure.iiasa.ac.at/id/eprint/13988/1/s10640-016-0086-3.pdf","pdf_url":"http://pure.iiasa.ac.at/id/eprint/13988/1/s10640-016-0086-3.pdf","source":{"id":"https://openalex.org/S4306401423","display_name":"IIASA PURE (International Institute of Applied Systems Analysis)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1317774081","host_organization_name":"International Institute for Applied Systems Analysis","host_organization_lineage":["https://openalex.org/I1317774081"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"},{"id":"pmh:oai:research.wu.ac.at:openaire/05d0a04f-a0f5-42a2-ac9d-f9de49198471","doi":null,"is_oa":true,"landing_page_url":"https://research.wu.ac.at/de/publications/05d0a04f-a0f5-42a2-ac9d-f9de49198471","pdf_url":"https://research.wu.ac.at/ws/files/19828697/Rezai_vanderPloeg_2016_ERE_Second-Best-Renewable-Subsidies.pdf","source":{"id":"https://openalex.org/S7407055123","display_name":"WU Research","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Rezai, A & van der Ploeg, F 2017, 'Second-best climate policies to decarbonize the economy: commitment and the Green Paradox', Environmental and Resource Economics, vol. 66, pp. 409 - 434. https://doi.org/10.1007/s10640-016-0086-3","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:RePEc:oxf:oxcrwp:168","doi":null,"is_oa":false,"landing_page_url":"https://ora.ox.ac.uk/objects/uuid:11d05d45-22b6-45e7-92dc-5d9707545da5","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:ora.ox.ac.uk:uuid:e0286308-0f3b-415a-b8cb-809b25358a8b","doi":null,"is_oa":true,"landing_page_url":"https://ora.ox.ac.uk/objects/uuid:e0286308-0f3b-415a-b8cb-809b25358a8b","pdf_url":null,"source":{"id":"https://openalex.org/S4306402636","display_name":"Oxford University Research Archive (ORA) (University of Oxford)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I40120149","host_organization_name":"University of Oxford","host_organization_lineage":["https://openalex.org/I40120149"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Symplectic Elements at Oxford","raw_type":"Journal article"}],"best_oa_location":{"id":"doi:10.1007/s10640-016-0086-3","doi":"https://doi.org/10.1007/s10640-016-0086-3","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s10640-016-0086-3","pdf_url":"https://link.springer.com/content/pdf/10.1007%2Fs10640-016-0086-3.pdf","source":{"id":"https://openalex.org/S86125002","display_name":"Environmental and Resource Economics","issn_l":"0924-6460","issn":["0924-6460","1573-1502"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-2","jufo-2","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Environmental and Resource Economics","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/13","score":1.0,"display_name":"Climate action"},{"id":"https://metadata.un.org/sdg/7","score":0.75,"display_name":"Affordable and clean energy"}],"study_designs":[],"awards":[{"id":"https://openalex.org/G1338029387","display_name":"COMBATING CLIMATE CHANGE: Political economy of Green Paradoxes","funder_award_id":"269788","funder_id":"https://openalex.org/F4320338352","funder_display_name":"FP7 Ideas: European Research Council"},{"id":"https://openalex.org/G4709750093","display_name":"The Political Economy of Environmental Policy","funder_award_id":"J 3633","funder_id":"https://openalex.org/F4320321181","funder_display_name":"Austrian Science Fund"},{"id":"https://openalex.org/G9000558896","display_name":"Financialization, economic growth and biophysical limits","funder_award_id":"15330","funder_id":"https://openalex.org/F4320322325","funder_display_name":"Oesterreichische Nationalbank"}],"funders":[{"id":"https://openalex.org/F4320320290","display_name":"University of Oxford","ror":"https://ror.org/052gg0110"},{"id":"https://openalex.org/F4320321181","display_name":"Austrian Science Fund","ror":"https://ror.org/013tf3c58"},{"id":"https://openalex.org/F4320322325","display_name":"Oesterreichische Nationalbank","ror":"https://ror.org/00nkcmy90"},{"id":"https://openalex.org/F4320338352","display_name":"FP7 Ideas: European Research Council","ror":"https://ror.org/0472cxd90"}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2299319372.pdf","grobid_xml":"https://content.openalex.org/works/W2299319372.grobid-xml"},"referenced_works_count":55,"referenced_works":["https://openalex.org/W232466843","https://openalex.org/W564861119","https://openalex.org/W1504326727","https://openalex.org/W1590656953","https://openalex.org/W1908978230","https://openalex.org/W1967069112","https://openalex.org/W1985148570","https://openalex.org/W1993680093","https://openalex.org/W2002021354","https://openalex.org/W2004216675","https://openalex.org/W2016462234","https://openalex.org/W2042704765","https://openalex.org/W2065386714","https://openalex.org/W2068238350","https://openalex.org/W2073346851","https://openalex.org/W2075404127","https://openalex.org/W2075970438","https://openalex.org/W2078652693","https://openalex.org/W2079561510","https://openalex.org/W2082503759","https://openalex.org/W2084127912","https://openalex.org/W2093533336","https://openalex.org/W2095586509","https://openalex.org/W2095636002","https://openalex.org/W2099232986","https://openalex.org/W2107596579","https://openalex.org/W2118746119","https://openalex.org/W2120665403","https://openalex.org/W2122570075","https://openalex.org/W2149521176","https://openalex.org/W2149557740","https://openalex.org/W2150225301","https://openalex.org/W2159320005","https://openalex.org/W2166070661","https://openalex.org/W2167167417","https://openalex.org/W2167468761","https://openalex.org/W2169417293","https://openalex.org/W2188541032","https://openalex.org/W2746217236","https://openalex.org/W2791736792","https://openalex.org/W2890188665","https://openalex.org/W2890612296","https://openalex.org/W2980707345","https://openalex.org/W3121371609","https://openalex.org/W3121875751","https://openalex.org/W3121964644","https://openalex.org/W3122992687","https://openalex.org/W3123574422","https://openalex.org/W3123594837","https://openalex.org/W3123659494","https://openalex.org/W3123792267","https://openalex.org/W3123949599","https://openalex.org/W3125519429","https://openalex.org/W3170999623","https://openalex.org/W4389658406"],"related_works":["https://openalex.org/W1994403371","https://openalex.org/W3123594837","https://openalex.org/W1498776486","https://openalex.org/W2093350357","https://openalex.org/W3136038909","https://openalex.org/W7046217910","https://openalex.org/W2202847051","https://openalex.org/W3123730360","https://openalex.org/W2189202438","https://openalex.org/W1600067155"],"abstract_inverted_index":{"Climate":[0],"change":[1],"must":[2],"deal":[3],"with":[4,138],"two":[5],"market":[6],"failures:":[7],"global":[8,41],"warming":[9,78,141],"and":[10,31,35,76,126,135,156],"learning":[11,70],"by":[12],"doing":[13],"in":[14,27,91],"renewable":[15],"energy":[16],"production.":[17],"The":[18],"first-best":[19,81],"policy":[20,46,159],"consists":[21],"of":[22,69,86,109,176,178],"an":[23],"aggressive":[24],"renewables":[25],"subsidy":[26,55,62,102],"the":[28,60,66,73,84,92,100,106,119,122],"near":[29],"term":[30],"a":[32,53,173],"gradually":[33],"rising":[34],"falling":[36],"carbon":[37,42,128],"tax.":[38],"Given":[39],"that":[40],"taxes":[43],"remain":[44],"elusive,":[45],"makers":[47],"might":[48],"have":[49],"to":[50,71,80,105,121,170,182,187,193],"rely":[51],"on":[52],"second-best":[54,61,101],"only.":[56],"With":[57],"credible":[58],"commitment":[59,99,151],"is":[63,103,142],"higher":[64,87],"than":[65],"social":[67,107],"benefit":[68,108],"cut":[72],"transition":[74,120],"time":[75],"peak":[77,140],"close":[79],"levels":[82],"at":[83],"cost":[85],"fossil":[88],"fuel":[89],"use":[90],"short":[93],"run":[94],"(weak":[95],"Green":[96,115],"Paradox).":[97],"Without":[98],"set":[104],"learning.":[110],"It":[111],"generates":[112],"smaller":[113],"weak":[114],"Paradox":[116],"effects,":[117],"but":[118],"carbon-free":[123],"takes":[124],"longer":[125],"cumulative":[127],"emissions":[129],"are":[130],"higher.":[131],"Under":[132],"first":[133,183],"best":[134,137,149],"second":[136,148],"pre-commitment":[139],"2.1\u20132.3":[143],"$$^{\\circ":[144,153,161],"}$$":[145,154,162],"C,":[146,155],"under":[147],"without":[150,157],"3.5":[152],"any":[158],"5.1":[160],"C":[163],"above":[164],"pre-industrial":[165],"levels.":[166],"Not":[167],"being":[168],"able":[169,186],"commit":[171,188],"yields":[172],"welfare":[174],"loss":[175],"95%":[177],"initial":[179],"GDP":[180],"compared":[181],"best.":[184],"Being":[185],"brings":[189],"this":[190],"figure":[191],"down":[192],"7%.":[194]},"counts_by_year":[{"year":2026,"cited_by_count":7},{"year":2025,"cited_by_count":7},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":5},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":6},{"year":2018,"cited_by_count":6},{"year":2017,"cited_by_count":4},{"year":2016,"cited_by_count":2}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}