To build or not to build? Capital stocks and climate policy

To build or not to build? Capital stocks and climate policy

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Applying climate policy in practice means considering capital stocks: some assets will pro¬duce pollution whenever they are used, and some will not. Therefore long-term abatement plans should influence current investment. Moreover, newer technologies exhibit learning-by-doing in the deploym...

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Библиографические подробности
Главные авторы:	Baldwin, E, Cai, Y, Kuralbayeva, K
Формат:	Working paper
Опубликовано:	University of Oxford 2019

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