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Imperfect climate policy unlikely to increase domestic emissions / Corrado Di Maria, Ian Lange, Edwin van der Werf, Vox, 6 January 2013http://www.voxeu.org/article/imperfect-climate-policy-unlikely-increase-domestic-emissionsBy promising to reduce fossil fuel demand in the future, some claim that climate policies will induce supply side responses today; firms will pump out emissions now before demand restrictions tighten. However, this column argues that the ‘green paradox’ is a red herring. Evidence from US coal prices suggests that, in industrialised countries, there is little danger of an increase in domestic emissions in response to imperfect climate policies...