Walsh, D.M.; O'Sullivan, K.; Lee, W.T.; Devine, M.T. - In: Energy Economics 42 (2014) C, pp. 219-225
We present two models of the optimal investment decision in carbon capture and storage technology (CCS)—one where the carbon price is deterministic (based on the newly introduced carbon floor price in Great Britain) and one where the carbon price is stochastic (based on the ETS permit price in...