Objective Green Paradoxes are defined as the phenomenon that climate change policies can have counterproductive effects. For example, a subsidy on clean energy from renewable resources (solar, wind) will decrease the price at which this energy is supplied. But if the price still exceeds the cost of fossil fuel extraction and given that available stocks will be depleted, the price decrease will speed up the extraction from non-renewable resources, such as oil, that cause CO2 emissions. Hence, instead of delaying extraction the policy enhances initial extraction and emissions. In the design of environmental policy this effect is insufficiently taken into account, because the supply side of the market for fossil fuels is largely neglected.The principal aim of this research proposal is to critically investigate Green Paradoxes and to come up with sound policy recommendations, taking into account the demand as well as the supply dimension of fossil fuels. Particular attention is paid to a broad and dynamic welfare analysis, allowing for concerns regarding sustainability. Especially relevant for tackling the research question is to provide a closer examination of imperfect competition on the oil market and to distinguish between dirty and clean alternatives for fossil fuel. In addition the proposal is to study the political economy of climate change policy to come up with proposals that not only muster global support but also address the adverse distributional aspects of climate change itself on developing economies and on the poorest of advanced economies who get hardest hit by green taxes. This requires not only the tools of modern political economy, but also the realms of second-best economics and the latest developments in public finance. Fields of science engineering and technologyenvironmental engineeringenergy and fuelsrenewable energysocial sciencessociologygovernancetaxationnatural sciencesearth and related environmental sciencesatmospheric sciencesclimatologyclimatic changessocial scienceseconomics and businesseconomicspolitical economy Programme(s) FP7-IDEAS-ERC - Specific programme: "Ideas" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013) Topic(s) ERC-AG-SH3 - ERC Advanced Grant - Environment and society Call for proposal ERC-2010-AdG_20100407 See other projects for this call Funding Scheme ERC-AG - ERC Advanced Grant Host institution STICHTING VU EU contribution € 1 849 878,05 Address DE BOELELAAN 1105 1081 HV Amsterdam Netherlands See on map Region West-Nederland Noord-Holland Groot-Amsterdam Activity type Higher or Secondary Education Establishments Principal investigator Cornelius Antonius Adrianus Maria Withagen (Prof.) Administrative Contact Hadewijch Van Delft (Mrs.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data Beneficiaries (3) Sort alphabetically Sort by EU Contribution Expand all Collapse all STICHTING VU Netherlands EU contribution € 1 849 878,05 Address DE BOELELAAN 1105 1081 HV Amsterdam See on map Region West-Nederland Noord-Holland Groot-Amsterdam Activity type Higher or Secondary Education Establishments Principal investigator Cornelius Antonius Adrianus Maria Withagen (Prof.) Administrative Contact Hadewijch Van Delft (Mrs.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data THE CHANCELLOR, MASTERS AND SCHOLARS OF THE UNIVERSITY OF OXFORD United Kingdom EU contribution € 893 669,95 Address WELLINGTON SQUARE UNIVERSITY OFFICES OX1 2JD Oxford See on map Region South East (England) Berkshire, Buckinghamshire and Oxfordshire Oxfordshire Activity type Higher or Secondary Education Establishments Administrative Contact Stephen Conway (Dr.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data VERENIGING VOOR CHRISTELIJK HOGER ONDERWIJS WETENSCHAPPELIJK ONDERZOEK EN PATIENTENZORG Participation ended Netherlands EU contribution No data Address De Boelelaan 1105 1081 HV Amsterdam See on map Region West-Nederland Noord-Holland Groot-Amsterdam Activity type Higher or Secondary Education Establishments Administrative Contact Frans Snijders (Mr.) Links Contact the organisation Opens in new window Website Opens in new window Total cost No data