Amigues, Jean-Pierre; Lafforgue, Gilles; Moreaux, Michel - In: Environmental & Resource Economics 57 (2014) 3, pp. 345-366
Using the Chakravorty et al. (J Econ Dyn Control 30:2875–2904, <CitationRef CitationID="CR6">2006</CitationRef>) ceiling model, we characterize the optimal consumption paths of three energy resources: dirty oil, which is non-renewable and carbon emitting; clean oil, which is also non-renewable but carbon-free thanks to an abatement...</citationref>