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- Gronwald, Marc, et al. Show all 3 Authors
- Environmental and resource economics 2017 v.68 no.1 pp. 47-64
- clean energy; climate; energy; energy policy; models; politics; Europe
- ... The effects of two popular second-best clean energy policies are analysed using an extended Hotelling-type resource extraction framework. This model features, first, heterogenous energy sources and, second, a capacity-constrained backstop technology. This setup allows for capturing the following two empirical observations. First, different types of energy sources are used simultaneously despite di ...