This paper analyzes the role of storage for economies facing the risk of a gas supply disruption. We characterize the optimal/competitive transitory dynamics (accumulation, drainage and target stock). We partially relax the irreversibility hypothesis, by extending the model in two directions:...

This paper analyzes the role of private storage in a market for a commodity (e.g. natural gas) whose supply is subject to the threat of an irreversible disruption. We focus on the medium term in which seasonality of demand and exhaustibility can be neglected. We characterize the price and...

The transition of a sector from a pollutant state to a clean one is studied. A green technology, subject to learning-by-doing, progressively replaces an old one. The notion of abatement cost in this dynamic context is fully characterized. The theoretical, dynamic optimization, perspective is...

1. Assessing the relationship between air quality, wealth, and the first wave of COVID-19 diffusion and mortality -- 2. COVID-19 Recovery Packages and Industrial Emission Rebounds : Mind the Gap -- 3. Low-carbon Transition of EU-ETS Firms: Assessing the Long-term Effects of Covid-19 -- 4....