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Karen Pittel

Karen Pittel is Director of the Ifo Center for Energy, Climate, and Exhaustible Resources and Professor of Economics at Munich University.

Titles by This Editor

The Green Paradox and Beyond

Recent developments suggest that well-intended climate policies--including carbon taxes and subsidies for renewable energy—might not accomplish what policy makers intend. Hans-Werner Sinn has described a “green paradox,” arguing that these policies could hasten global warming by encouraging owners of fossil fuel reserves to increase their extraction rates for fear that their reserves will become worthless. In this volume, economists investigate the empirical and theoretical support for the green paradox.