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We propose a model of fossil-fuel induced emission, which permits multiple emission-mitigation strategies. In a dierentiable framework, we derive a set of necessary and sucient conditions for an environmental Kuznets curve in terms of the relative responses of the preference and technology-based...
Persistent link: https://www.econbiz.de/10010883469
Five attributes of emission generating technologies are identified and a concept of byproduction is introduced, which implies these five attributes. Murty and Russell [2010] characterization of technologies, which requires distinguishing between intended production of firms and nature's laws of...
Persistent link: https://www.econbiz.de/10008515980
We propose a set of necessary and sufficient conditions for the environmental Kuznets curve (EKC) phenomenon in a general model that permits non-smooth preferences and feasible sets and corner solutions for welfare maximisation. These conditions pertain to the relationship between the sets of...
Persistent link: https://www.econbiz.de/10010761595