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S6 Ep28: Aghion: Is green growth possible?

VoxTalks Economics

CHAPTER

The Cost of the Energy Transition

Firms that have a large stock of dirty patents tend to continue producing dirty patents. This shows by the way that the energy transition is bound to slow down productivity growth. So if you're going to do that forcing, what is the least painful way of doing it as an economist always look first of all to a carbon tax?

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