Optimal Use of a Polluting non Renewable Ressource Generating Both Manageable and Catastrophic Damages
We consider a model with two energy sources, a non-renewable one, cheap but polluting, and a renewable one, expensive but clean, let’s say coal and solar. The aim of environmental policy is to maintain atmospheric carbon concentration under a given ceiling, chosen to prevent an excessive rise of the...
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Main Author: |
Schubert, Katheline
Amigues, Jean-Pierre MOREAUX, Michel |
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Format: | Journal Article |
Language: | English |
Place of publication: |
ENSAE 2011 |
published in: | Annales d'Economie et de Statistique no. 103; pp. 107 - 142 |
Data of publication: | 2011 |
Series: |
Annales d'Economie et de Statistique |
Online Access: | available in Bonn? |
Database: | RePEc RePEc IDEAS Database information Databases - DBIS |