Non-cooperative and cooperative climate policies with anticipated breakthrough technology

Global warming can be curbed by pricing carbon emissions and thus substituting fossil fuel with renewable energy consumption. Breakthrough technologies (e.g., fusion energy) can reduce the cost of such policies. However, the chance of such a technology coming to market depends on investment. We mode...

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Bibliographic Details
Main Authors: Van der Ploeg, R, Jaakkola, N
Format: Working paper
Published: University of Oxford 2017