Renewable Energy And Greenhouse Gas Mitigation
AbstractThe paper develops an exhaustible resource model with cumulative pollution and a backstop technology that exhibits increasing marginal costs of production. The model explores conditions under which it is optimal to have a protracted transition period where both an exhaustible and renewable resource are used simultaneously.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2000 Annual meeting, July 30-August 2, Tampa, FL with number 21813.
Date of creation: 2000
Date of revision:
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Environmental Economics and Policy; Resource /Energy Economics and Policy;
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- Hoel, Michael & Kverndokk, Snorre, 1996.
"Depletion of fossil fuels and the impacts of global warming,"
Resource and Energy Economics,
Elsevier, vol. 18(2), pages 115-136, June.
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- P. L. Joskow & G. A. Rozanski, 1977.
"The Effects of Learning by Doing on Nuclear Plant Operating Reliability,"
209, Massachusetts Institute of Technology (MIT), Department of Economics.
- Joskow, Paul L & Rozanski, George A, 1979. "The Effects of Learning by Doing on Nuclear Plant Operating Reliability," The Review of Economics and Statistics, MIT Press, vol. 61(2), pages 161-68, May.
- Olli Tahvonen, 1997. "Fossil Fuels, Stock Externalities, and Backstop Technology," Canadian Journal of Economics, Canadian Economics Association, vol. 30(4), pages 855-74, November.
- Dasgupta,P. S. & Heal,G. M., 1985. "Economic Theory and Exhaustible Resources," Cambridge Books, Cambridge University Press, number 9780521297615.
- Chakravorty, Ujjayant & Krulce, Darrell L, 1994. "Heterogeneous Demand and Order of Resource Extraction," Econometrica, Econometric Society, vol. 62(6), pages 1445-52, November.
- Farzin, Y. H., 1996. "Optimal pricing of environmental and natural resource use with stock externalities," Journal of Public Economics, Elsevier, vol. 62(1-2), pages 31-57, October.
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