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Foreign aid and technology transfer are an essential means, especially for the least developed countries, towards meeting the Millennium Development Goals as well as facilitating adaptation to, and mitigation of, climate change. The deployment of technologies harvesting renewable energy flows...
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of renewables, stock-dependent oil extraction costs and convex climate damages. Weconcentrate on economies with an … plus scarcity rent and social cost of carbon) below thatof renewables. There are then two regimes. If the oil stock is … small, the social optimum path consists of aninitial oil-only phase followed by a renewables-only phase. With a lower cost …
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China’s low-carbon energy transition depends on the power sector taking the lead. In this assessment, we seek to answer three questions about China’s power sector transformation: (1) Is the power sector transition on track, in terms of non-fossil and renewable capacity and output? (2) Are...
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