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Plafond de concentration en carbone et substitutions entre ressources énergétiques

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  • Ujjayant CHAKRAVORTY
  • Bertrand MAGNE
  • Michel MOREAUX

Abstract

Fossil fuel use causes the atmospheric accumulation of carbon. The society, endowed with an alternative clean renewable energy, aims at keeping this pollution stock below a prescribed target. The use of an abundant and costly backstop shall follow the exhaustion of the polluting resource; in case of a cheap and abundant substitute, both resources may be exploited simultaneously. When the substitute is scarce, the phase of simultaneous exploitation may occur before the ceiling is reached.

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Bibliographic Info

Article provided by ENSAE in its journal Annals of Economics and Statistics.

Volume (Year): (2006)
Issue (Month): 81 ()
Pages: 141-168

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Handle: RePEc:adr:anecst:y:2006:i:81:p:06

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Cited by:
  1. Kollenbach, Gilbert, 2013. "Endogenous Growth with a Ceiling on the Stock of Pollution," MPRA Paper 50641, University Library of Munich, Germany.
  2. Rémy Dullieux & Lionel Ragot & Katheline Schubert, 2011. "Carbon Tax and OPEC’s Rents Under a Ceiling Constraint," Scandinavian Journal of Economics, Wiley Blackwell, vol. 113(4), pages 798-824, December.
  3. Amigues, Jean-Pierre & Moreaux, Michel & Schubert, Katheline, 2011. "Optimal use of a polluting non renewable resource generating both manageable and catastrophic damages," LERNA Working Papers 11.10.344, LERNA, University of Toulouse.

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