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

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...

Бүрэн тодорхойлолт

Номзүйн дэлгэрэнгүй
Үндсэн зохиолчид: Baldwin, E, Cai, Y, Kuralbayeva, K
Формат: Working paper
Хэвлэсэн: University of Oxford 2019