How did you arrive at this conclusion? It seems to me that if you lower
the cost of renewable resources, that will result in less exhaustable
resources being extracted, since some of the exhaustable resources that
could previously be extracted profitably would now remain in the ground.
I think
I have just created a new (webbed) journal. It can be found at
http://www.daviddfriedman.com/JIE/jie.htm
Submissions and referee evaluations are invited.
--
David Friedman
Professor of Law
Santa Clara University
[EMAIL PROTECTED]
http://www.daviddfriedman.com/
On Fri, Nov 16, 2001 at 10:31:22AM +0100, Hentrich, Steffen wrote:
I think that this could only be if subsidies payed up to the exquilibrium
price of all exhaustable ressources. But this is not the case. Only a small
part of renewable energies gets subsidies and this not in all countries.