Durand-Lasserve, Olivier; Pierru, Axel; Smeers, Yves - In: Energy Policy 38 (2010) 9, pp. 5108-5122
The persistent uncertainty about mid-century CO2 emissions targets is likely to affect not only the technological choices that energy-producing firms will make in the future but also their current investment decisions. We illustrate this effect on CO2 price and global energy transition within a...