Climate Change and Carbon Capture and Storage

作者: Cees Withagen , Michel Moreaux

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摘要: We study optimal carbon capture and storage (CCS), taking into account damages incurred from the accumulation of in atmosphere exhaustibility fossil fuel reserves. High concentrations call for full CCS. identify conditions under which partial or no CCS is optimal. In absence CO2 stock might be inverted U-shaped. With more complicated behavior may arise. It can to have initially, yielding a decreasing stock, then while keeping constant, final phase without capturing but with an U-shaped stock.

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