Habermacher, Florian; Lehmann, Paul - In: Environmental and Resource Economics 76 (2020) 1, pp. 39-67
reasonable time, when future policy-makers have own agendas, or when investors are risk-averse. With cost uncertainty, policy …. Otherwise, risk of opportunistic policy-making will impair investments into low-carbon technologies. However, the future …. With benefit uncertainty, the choice between the practically more feasible approaches of unconditional commitment and …