We study in this report a model of optimal Carbon Capture and Storage in which the reservoir of sequestered carbon is leaky, and pollution eventually is released into the atmosphere. We formulate the social planner problem as an optimal control program and we describe the optimal consumption...

We determine the optimal exploitation time-paths of two energy resources, one being depletable and polluting, namely a fossil fuel, the other being renewable and clean. These optimal paths are considered along with the two following features. First, the cumulative atmospheric pollution stock is...

This article puts forward an explanation of climate change within the context of global change. Climate change can be seen as the spearhead; as a manifestation of the increasing unsustainability of planet Earth. We consider some of the effects of this change, examining its uneven impact on...