Benjamin Jones (IMF) presented Climate Policy and the Recovery at the CEPAL Fiscal Seminar 2010. Some concluding thoughts … “green simulus measures can help sustain short term aggregate demanda and emplyment related public spending is also likely to be needed into the longer term. But spending policies should not substitute for more efficient pricing of pollution – especially givern the insense fiscal challenges many countries now face”.
See in: http://www.eclac.cl/ilpes/noticias/paginas/5/38375/Benjamin_Jones.pdf
