An Economic Simulation of the Path to Sustainable Energy: A Dynamic Analysis
The existing economics literature neglects the important role of capacity in the production of renewable energy. To fill this gap, we construct a model in which renewable energy production is tied to renewable energy capacity, which then becomes a form of capital. This capacity capital can be increa...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Librelloph
2017-05-01
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Series: | Challenges in Sustainability |
Subjects: | |
Online Access: | http://www.librelloph.com/challengesinsustainability/article/view/103 |