The paper considers a climate change growth model with three R&D sectors dedicated to energy, backstop and CCS (Carbon …

development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density … countries, compatible with the sustainability of the processes concerning the Earth system. Mainly by focusing on the energy …

While fossil energy dependency has declined and energy supply has grown in the postwar world economy, future resource … scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous … growth model that reconciles the current aggregate trends in energy use and productivity growth with the intertemporal …

We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location … and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy … plays must first boom and then bust. For both renewable and non-renewable energy sources we link the size of exploitation …

energy sources. A key feature of the model is a capacity constrained green backstop resource, which implies the simultaneous … exhaustible resources are considered, reflecting cost structure and carbon content heterogeneities of energy sources. The policies … the green sector can decrease social welfare, (2) both green energy promotion measures lead to increases in short …