Abandoning fossil fuel : how fast and how much ?

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Abandoning fossil fuel : how fast and how much ? / Armon Rezai and Frederick van der Ploeg. Oxford : Oxford Centre for the Analysis of Resource Rich Economies, September 2013, 40 p. (OxCarre Research Paper 123) http://d.repec.org/n?u=RePEc:oxf:wpaper:oxcarre-research-paper-123&r=ene Authors's abstract : Climate change must deal with two market failures, global warming and learning by doing in renewable use. The social optimum requires an aggressive renewables subsidy in the near term and a g...

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