@article{Barbe:332698,
      recid = {332698},
      author = {Barbe, Andre},
      title = {The Effects of Restricting Coal Consumption},
      address = {2016},
      year = {2016},
      note = {Presented at the 19th Annual Conference on Global Economic  Analysis, Washington DC, USA},
      abstract = {Reducing coal consumption is a goal of many countries’  energy policies. However, policies that restrict domestic  coal consumption also incentivize the export of coal to  non-abating foreign countries and encourage coal consuming  industries to move their production to these countries.  This paper uses a modified version of the GTAP-E model to  quantify these effects for a US restriction on coal  consumption. I find that the coal restriction’s impact on  foreign emissions is negligible, but domestic  fuel-switching offsets from 15 to 28 percent of the drop in  domestic coal emissions. But trade is more important for  welfare analysis, as the economic costs of the restriction  are concentrated in the US, while the rest of the world’s  welfare increases by 15 to 19 percent of the US losses.},
      url = {http://ageconsearch.umn.edu/record/332698},
}