The paper considers a climate change growth model with three R&D sectors dedicated to energy, backstop and CCS (Carbon …

The paper considers an endogenous growth model with climate change as well as three R&D sectors dedicated to energy …, CCS (Carbon Capture and Storage) and backstop efficiency. First, we characterize the set of decentralized equilibria: a …

The paper considers a climate change growth model with three R&D sectors dedicated to energy, backstop and CCS (Carbon …. -- climate change ; energy ; CCS ; directed technical change ; carbon tax ; R&D subsidies …

The paper considers a climate change growth model with three R&D sectors dedicated to energy, backstop and CCS (Carbon …

interventions on final-use energy consumption, an important driver of carbon emissions. In the model, energy demand is driven by … directed technical change. Energy supply is subject to increasing extraction costs. The model is consistent with aggregate … evidence on energy use, efficiency, and prices in the United States, as well as the standard balanced growth facts. I use the …

because they are partly compensated by more technological change and energy market effects, although specific regional …. -- Energy-economy Modelling ; Climate Policy ; Technology Spillovers …

because they are partly compensated by more technological change and energy market effects, although specific regional …

interventions on final-use energy consumption, an important driver of carbon emissions. In the model, energy demand is driven by … directed technical change. Energy supply is subject to increasing extraction costs. The model is consistent with aggregate … evidence on energy use, efficiency, and prices in the United States, as well as the standard balanced growth facts. I use the …

sector responsible for CCS. We show that two types of solutions exist: a renewable energy regime where current CCS technology … is only temporarily used but never further developed; and a fossil energy regime where CCS is part of a long term … estimates of the marginal cost of CCS, the renewable energy regime clearly dominates the fossil fuel energy regime …

We characterize the optimal exploitation paths of two perfect substitute primary energy resources, a non …-renewable polluting resource and a carbon-free renewable one. Both resources can supply the energy needs of two sectors. Sector 1 is able … to reduce its carbon footprint at a reasonable cost owing to a CCS device. Sector 2 has only access to the air capture …