We use a two-period model to investigate intertemporal effects of cost reductions in climate change mitigation technologies for the power sector. With imperfect climate policies, cost reductions related to carbon capture and storage (CCS) may be more desirable than com-parable cost reductions...

Marine and permafrost-based methane hydrates are the largest existing fossil carbon resource, whereby the marine deposits far outweigh the terrestrial ones. Their broad geographic distribution, especially in comparison to oil and conventional gas, make them a promising future source of energy....