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Although the building sector is recognized as having major potential for energy conservation and carbon dioxide emission mitigation, conventional bottom–up and top–down models are limited in their ability to capture the complex economic and technological dynamics of the sector. This paper...
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The political dilemma presented by the deployment of large-size low-carbon technologies (LCTs) is analysed using a simple dynamic model to investigate the relation between irreversible investments and learning-by-doing within a context of exogeneous uncertainty about the carbon price. It is...
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