Tag Archives: green technology

Financing Green Entrepreneurs Under Limited Commitment  

By | October 18, 2022

Since William Nordhaus published his seminal work in 1994, economists have coalesced around the need to implement carbon taxes to address the negative externalities of greenhouse gas emissions on temperatures. Under this paradigm, properly designed carbon taxes induce firms to internalize the cost to society of their emissions, thereby restoring the socially optimal allocation. In… Read More »