TY - JOUR
T1 - Green Growth, Green Paradox and the Global Economic Crisis
AU - van der Ploeg, F.
AU - Withagen, C.A.A.M.
PY - 2013
Y1 - 2013
N2 - 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. © 2012 Elsevier B.V. All rights reserved.
AB - 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. © 2012 Elsevier B.V. All rights reserved.
UR - https://www.scopus.com/pages/publications/84875526866
UR - https://www.scopus.com/inward/citedby.url?scp=84875526866&partnerID=8YFLogxK
U2 - 10.1016/j.eist.2012.11.003
DO - 10.1016/j.eist.2012.11.003
M3 - Article
SN - 2210-4224
VL - 6
SP - 116
EP - 119
JO - Environmental Innovation and Societal Transitions
JF - Environmental Innovation and Societal Transitions
IS - March
ER -
