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It is well established that adaptation and technological investment in each case may serve as a commitment device in …. By investment, which is assumed to be made in the first place due to its considerable lead time, countries commit to …
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France wants to become carbon-neutral by 2050. Renewable energies and nuclear power are expected to make the main contribution to this goal. However, the average age of nuclear power plants is approaching 37 years of operation in 2022, which is likely to lead to increased outages and expensive...
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stagnation. The reason is that automation suppresses wages, which are the only source of investment in the overlapping …
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