New article on Re3: The Logic behind the Green Paradox
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In recent years European economists have been discussing the Green Paradox, a situation where the gradual tightening of climate policies may induce resource owners to extract their resources faster, thus worsening global warming. In this article, young researcher Ines Osterle reviews a selection of contributions to the Green Paradox literature and discusses the relevance of the theory for real world climate policies.