Abandoning fossil fuel: How fast and how much

Keeping climate change within limits requires that most of the available carbon‐based energy sources need to be abandoned underground. We study how fast and how much this transition to carbon‐free energy needs to occur within a welfare‐maximizing Ramsey growth model of climate change. Our model also...

Full description

Bibliographic Details
Main Authors: Rezai, A, Van Der Ploeg, F
Format: Journal article
Published: Wiley 2017