?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F15834%2F&rft.title=Optimal+Timing+of+Carbon+Capture+and+Storage+Policies+Under+Learning-by-doing&rft.creator=Amigues%2C+Jean-Pierre&rft.creator=Lafforgue%2C+Gilles&rft.creator=Moreaux%2C+Michel&rft.subject=B-+ECONOMIE+ET+FINANCE&rft.description=Using+a+standard+Hotelling+model+of+resource+exploitation%2C+we+determine+the+optimal+consumption+paths+of+three+energy+resources%3A+dirty+coal%2C+which+is+depletable+and+carbon-emitting%3B+clean+coal%2C+which+is+also+depletable+but+carbon-free+thanks+to+an+abatement+technology+(CCS%3A+Carbon+Capture+and+Storage)%2C+and+solar+energy+which+is+renewable+and+carbon-free.+Carbon+emissions+are+released+into+the+atmosphere+and+we+assume+that+the+atmospheric+carbon+stock+cannot+exceed+a+given+ceiling.+We+consider+learning-by-doing+in+the+abatement+technology%2C+implying+that+the+marginal+CCS+cost+is+decreasing+in+the+cumulative+consumption+of+clean+coal.+We+show+the+following+results.+i)+Learning-by-doing+does+not+imply+%22early%22+capture%2C+i.e.+the+clean+coal+exploitation+must+begin+at+the+earliest+once+the+carbon+cap+is+reached.+ii)+The+energy+price+path+can+evolve+non-monotonically+over+time.+iii)+When+the+solar+cost+is+low+enough%2C+there+may+exist+unusual+energy+consumption+sequence+along+which+solar+energy+is+interrupted+for+some+time+and+replaced+by+clean+coal.&rft.publisher=TSE+Working+Paper&rft.date=2014-02&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=fr&rft.identifier=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F15834%2F1%2Famigues_15834.pdf&rft.identifier=++Amigues%2C+Jean-Pierre+%3Chttps%3A%2F%2Fwww.idref.fr%2F083881522%3E%2C+Lafforgue%2C+Gilles+%3Chttps%3A%2F%2Fwww.idref.fr%2F06993164X%3E+and+Moreaux%2C+Michel+%3Chttps%3A%2F%2Fwww.idref.fr%2F031616623%3E++(2014)+Optimal+Timing+of+Carbon+Capture+and+Storage+Policies+Under+Learning-by-doing.++TSE+Working+Paper%2C+n.+14-472%2C+Toulouse+++++&rft.relation=http%3A%2F%2Ftse-fr.eu%2Fpub%2F27920&rft.language=en