Amigues, Jean-Pierre; Lafforgue, Gilles; Moreaux, Michel - Institut d'Économie Industrielle (IDEI), Toulouse … - 2013
We characterize the optimal exploitation paths of two perfect substitute primary energy resources, a non-renewable polluting resource and a carbon-free renewable one. Both resources can supply the energy needs of two sectors. Sector 1 is able to reduce its carbon footprint at a reasonable cost...