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Using the Chakravorty et al. (2006) ceiling model, we characterize the optimal consumption paths of three energy resources: dirty oil, which is non-renewable and carbon emitting; clean oil, which is also non-renewable but carbon-free thanks to an abatement technology, and solar energy, which is...
Persistent link: https://www.econbiz.de/10010968955
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[fre] Les problèmes d'intrusion d'eau salée dans les aquiferes côtiers constituent aujourd'hui l'une des principales causes de détérioration de la qualité de leurs eaux. L'eau de mer, plus dense que l'eau douce, envahit ces aquiferes dès que les prélèvements sont suffisamment intenses...
Persistent link: https://www.econbiz.de/10010977773
[eng] Is there Cause for Concern over the Drop in Aquifer Levels ? . by Jean-Pierre Amigues, Pascal Favard and Michel Moreaux . This paper analyses the problems raised when managing continental aquifers replenished by the trickledown of surface water. These aquifers can be regarded as natural...
Persistent link: https://www.econbiz.de/10010978208
Using the Chakravorty et al. (J Econ Dyn Control 30:2875–2904, <CitationRef CitationID="CR6">2006</CitationRef>) ceiling model, we characterize the optimal consumption paths of three energy resources: dirty oil, which is non-renewable and carbon emitting; clean oil, which is also non-renewable but carbon-free thanks to an abatement...</citationref>
Persistent link: https://www.econbiz.de/10010987541
We explore the link between cyclical and smooth resource exploitation. We define an impulse control framework which can generate both cyclical solutions and steady-state solutions. Our model can admit convex and concave profit functions and allows the integration of different stock-dependent...
Persistent link: https://www.econbiz.de/10010993531
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...
Persistent link: https://www.econbiz.de/10010852287
Two-period Cournot competition between n identical firms producing at constant marginal cost and able to store before selling has pure strategy Nash-perfect equilibria, in which some firms store to exert endogenously a leadership over rivals. The number of firms storing balances market share...
Persistent link: https://www.econbiz.de/10010852304
Inside a standard growth model with exhaustible resources, we study the optimal growth policy of an economy submitted to a climate constraint, taking the form of a ceiling over admissible atmospheric carbon concentrations. The optimal scenario is a three phases path: a rise of carbon...
Persistent link: https://www.econbiz.de/10010852322
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