Induced innovation and associated issues of path dependence and inertia are of critical importance in the transition to … of these characteristics and in the process allows us to shed a more nuanced light on this transition phase, an often … seriously considering transition dynamics. …

Induced innovation and associated issues of path dependence and inertia are of critical importance in the transition to … of these characteristics and in the process allows us to shed a more nuanced light on this transition phase, an often … seriously considering transition dynamics. …

-gas emitting systems, such as inertia, induced innovation, and pathdependency, by formulating a compact and analytically tractable …We explore how optimal emission abatement trajectories are affected by dynamic characteristics of greenhouse … simple dynamic parameters affect the optimal abatement trajectory (including the optimal current effort and the cost of delay …

we can calibrate on the relationship between abatement costs and the timing of abatement in 109 IAM scenarios from two … major databases. We first show in theory how a range of technical-change mechanisms can be adequately captured in a reduced … emissions abatement, i.e., endogenous. We then derive analytical and quantitative results on the effect of technical change on …

The optimal transition to a low-carbon economy must account for adjustment costs in switching from dirty to clean … capital, technological progress, and economic and climatic shocks. We study the low-carbon transition using a dynamic … stochastic general equilibrium model with emissions abatement costs calibrated on a large energy modelling database, solved with …

The abatement of non-CO2 greenhouse gases (OGHG) has proved to be of paramount importance for reaching global … mitigation targets. The modeling of their abatement is normally carried out referring to marginal abatement cost (MAC) curves …

The abatement of non-CO2 greenhouse gases (OGHG) has proved to be of paramount importance for reaching global … mitigation targets. The modeling of their abatement is normally carried out referring to marginal abatement cost (MAC) curves …

concept of potential world GDP at time t, and we introduce, through the temperature function, spatial characteristics into the …