Question
When it comes to policies aimed at tackling GHG associated with fossil fuels, Green and Denniss (2018) advocate the use of supply side policies over
When it comes to policies aimed at tackling GHG associated with fossil fuels, Green and Denniss (2018) advocate the use of supply side policies over demand side policies. What sorts of supply side policies do they advocate and why (from an economic perspective, not a political perspective) do they favour them over demand side policies? Explain using diagrams as appropriate.
Green, F. and Denniss R. (2018) 'Cutting with both arms of the scissors: the economic and political case for restrictive supply-side climate policies', Climate Change, 150: 73-87.
The document can be found at this link: https://link.springer.com/article/10.1007/s10584-018-2162-x
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