@techreport{publications16580,
          volume = {14.09.410},
           month = {May},
          author = {Alain Jean-Marie and Michel Moreaux and Mabel Tidball},
          series = {LERNA Working Paper},
       booktitle = {LERNA Working Paper},
           title = {Optimal Carbon Sequestration Policies in Leaky Reservoirs},
            type = {Working Paper},
       publisher = {LERNA Working Paper},
            year = {2014},
             url = {https://publications.ut-capitole.fr/id/eprint/16580/},
        abstract = {We study in this report a model of optimal Carbon Capture and Storage in which the reservoir of sequestered carbon is leaky, and pollution eventually is released into the atmosphere. We formulate the social planner problem as an optimal control program and we describe the optimal consumption paths as a function of the initial conditions, the physical constants and the economical parameters. In particular, we show that the presence of leaks may lead to situations which do not occur otherwise, including that of non-monotonous price paths for the energy.}
}