The Grey Paradox: How fossil-fuel owners can benefit from carbon taxation

Grants

Funding Acknowledgements

We are grateful to Roger Guesnerie, Antony Millner, Michel Moreaux and seminar participants at Copenhagen University, ETH-Zurich, HKUST, HSE, LSE, Melbourne University, NES, Oxford University, PSE, Surrey University. We thank audiences at AFSE 2013, APET 2013, EEA 2013, IAEE 2014, SURED 2014, WCERE 2014 and at the 6th AWEEE in Spain. We acknowledge financial support from the ANR (ANR-16-CE03-0011).