relation: https://publications.ut-capitole.fr/id/eprint/16580/ title: Optimal Carbon Sequestration Policies in Leaky Reservoirs creator: Jean-Marie, Alain creator: Moreaux, Michel creator: Tidball, Mabel subject: B- ECONOMIE ET FINANCE description: 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. publisher: LERNA Working Paper date: 2014-05-26 type: Monograph type: NonPeerReviewed format: text language: en identifier: https://publications.ut-capitole.fr/id/eprint/16580/1/14.09.410.pdf identifier: Jean-Marie, Alain , Moreaux, Michel and Tidball, Mabel (2014) Optimal Carbon Sequestration Policies in Leaky Reservoirs. LERNA Working Paper, n. 14.09.410 relation: http://tse-fr.eu/pub/28506 language: en