Dynamics of Switching from Polluting Resources to Green Technologies
We have total energy produced by a firm using a non-renewable resource and a perfect substitute backstop. The average cost of the backstop is significantly higher relative to the non-renewable resource initially; average backstop costs are modeled to fall with investments in knowledge. Investments i...
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| Format: | Article |
| Language: | English |
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EconJournals
2015-12-01
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| Series: | International Journal of Energy Economics and Policy |
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| Online Access: | https://dergipark.org.tr/tr/pub/ijeeep/issue/31915/351044?publisher=http-www-cag-edu-tr-ilhan-ozturk |