RT Journal Article
SR 00
A1 Amigues, Jean-Pierre
A1 Lafforgue, Gilles
A1 Moreaux, Michel
T1 Optimal timing of carbon sequestration policies
JF Economics Bulletin
YR 2015
FD 2015-10
VO vol.35
IS n°4
SP 2242
OP 2251
AB Carbon capture and storage (CCS) is one of the most promising abatement options to curb CO2 emissions of the energy sector. Usually, in models where the atmospheric carbon stock is constrained to not exceed a given ceiling and under constant average costs, it is never optimal to deploy CCS before the time at which this ceiling is reached. In this paper, we show that, when the CCS technology is submitted to decreasing returns to scale, abatement activities must begin earlier, i.e. before the climate constraint binds. It must also cease strictly before the end of the ceiling period.
PB Economics Bulletin
SN 1545-2921
LK https://publications.ut-capitole.fr/id/eprint/22151/
UL http://tse-fr.eu/pub/30524