Policy instruments for carbon capture and storage (CCS) technology investment during the learning phase are analysed and compared. The focus is on specific barriers to investment in learning during early commercial deployment. Imperfections in the carbon price signal and market failures from...

The political dilemma presented by the deployment of large-size low-carbon technologies (LCTs) is analysed using a simple dynamic model to investigate the relation between irreversible investments and learning-by-doing within a context of exogeneous uncertainty about the carbon price. It is...

The mainstream community of energy experts is not aware of the long-term impacts that carbon policies directly concerned with promoting the development of low-carbon technologies produce on the electricity market regime. Long-term market coordination should be replaced by public coordination...