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emailTuesday, May 6, 2008
Optimal Environmental Policy under Economic Fluctuations
Energy Policy Seminar Series
Tuesday, May 6, 2008, 9:30-11:00 am, Bell Hall (Belfer 5th Floor)
Optimal Environmental Policy under Economic Fluctuations
Presenter: Garth Heutel, Harvard University Center for the Environment Fellow
How should environmental policy respond to economic fluctuations? This paper answers that question by presenting and solving a real business cycle model that includes pollution. The paper finds that during economic expansions, it is optimal to allow emissions to increase. An emissions tax can adapt to business cycles by varying less than an emissions quota.
For more information, please contact louisa_lund@harvard.edu
- Location:Bell Hall
- Date:Tuesday, May 6, 2008
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Time:9:30 AM - 11:00 AM
