Assessing and ordering investments in polluting fossil-fueled and zero-carbon capital

Abstract

Climate change mitigation requires to replace preexisting carbon-intensive capital with different types of cleaner capital. Coal power and inefficient thermal engines may be phased out by gas power and efficient thermal engines or by renewable power and electric vehicles. We derive the optimal timing and costs of investment in a lowand a zero-carbon… (More)

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Cite this paper

@inproceedings{Lecuyer2013AssessingAO, title={Assessing and ordering investments in polluting fossil-fueled and zero-carbon capital}, author={Oskar Lecuyer and Adrien Vogt-Schilb}, year={2013} }