Kalkuhl, Matthias; Edenhofer, Ottmar; Lessmann, Kai - CESifo - 2012
-side perspective, carbon capture and storage (CCS) policies differ substantially from renewable energy policies: they increase fossil … resource demand and simultaneously lower emissions. We show in a theoretical model that, under idealized conditions, a pure CCS … subsidy can be as efficient as a carbon tax. Within a numerical dynamic general equilibrium model, we analyze CCS and …
