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Plafond de concentration en carbone et substitutions entre ressources énergétiques

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  • Ujjayant Chakravorty
  • Bertrand Magne
  • Michel Moreaux

Abstract

Fossil fuel use causes the atmospheric accumulation of carbon. The society, endowed with an alternative clean renewable energy, aims at keeping this pollution stock below a prescribed target. The use of an abundant and costly backstop shall follow the exhaustion of the polluting resource; in case of a cheap and abundant substitute, both resources may be exploited simultaneously. When the substitute is scarce, the phase of simultaneous exploitation may occur before the ceiling is reached.

Suggested Citation

  • Ujjayant Chakravorty & Bertrand Magne & Michel Moreaux, 2006. "Plafond de concentration en carbone et substitutions entre ressources énergétiques," Annals of Economics and Statistics, GENES, issue 81, pages 141-168.
    • Handle: RePEc:adr:anecst:y:2006:i:81:p:141-168
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    File URL: http://www.jstor.org/stable/20079142
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    Cited by:

    1. Jean-Pierre Amigues & Michel Moreaux & Katheline Schubert, 2011. "Optimal Use of a Polluting Non-Renewable Resource Generating both Manageable and Catastrophic Damages," Annals of Economics and Statistics, GENES, issue 103-104, pages 107-141.
    2. Rémy Dullieux & Lionel Ragot & Katheline Schubert, 2011. "Carbon Tax and OPEC’s Rents Under a Ceiling Constraint," Scandinavian Journal of Economics, Wiley Blackwell, vol. 113(4), pages 798-824, December.
    3. Lafforgue, Gilles & Magné, Bertrand & Moreaux, Michel, 2008. "Energy substitutions, climate change and carbon sinks," Ecological Economics, Elsevier, vol. 67(4), pages 589-597, November.
    4. Fanny Henriet & Katheline Schubert, 2015. "Should we extract the European shale gas? The effect of climate and financial constraints," Documents de travail du Centre d'Economie de la Sorbonne 15050, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    5. Kollenbach, Gilbert, 2015. "Abatement, R&D and growth with a pollution ceiling," Journal of Economic Dynamics and Control, Elsevier, vol. 54(C), pages 1-16.
    6. Amigues, Jean-Pierre & Lafforgue, Gilles & Moreaux, Michel, 2010. "Optimal capture and sequestration from the carbon emission flow and from the atmospheric carbon stock with heterogeneous energy consuming sectors," TSE Working Papers 10-163, Toulouse School of Economics (TSE).
    7. Gilbert Kollenbach, 2015. "Endogenous Growth with a Ceiling on the Stock of Pollution," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(3), pages 615-635, November.
    8. Kollenbach, Gilbert, 2013. "Endogenous Growth with a Ceiling on the Stock of Pollution," MPRA Paper 50641, University Library of Munich, Germany.

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