Amigues, Jean-Pierre; Lafforgue, Gilles; Moreaux, Michel - Institut d'Économie Industrielle (IDEI), Toulouse … - 2012
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...