Recommended readings (Machine generated): 1. Robert M. Solow (1974), 'The Economics of Resources or the Resources of Economics', American Economic Review: Papers and Proceedings, 64(2), May,1-14 2. Partha Dasgupta and Geoffrey Heal (1974), 'The Optimal Depletion of Exhaustible Resources', Review...

The challenges associated with today’s green transition echo dynamics during past energy revolutions. Improvements in energy efficiency and sobriety can be part of a decarbonization strategy but with muted impact. An effective and credible climate policy must be chiefly targeted at...