Kalkuhl, Matthias; Edenhofer, Ottmar; Lessmann, Kai - CESifo - 2012
This paper takes the ‘policy failure’ in establishing a global carbon price for efficient emissions reduction as a … resource demand and simultaneously lower emissions. We show in a theoretical model that, under idealized conditions, a pure CCS … contrast to renewable energy policies, CCS policies are not always capable of reducing emissions in the long run. If feasible …