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Ecology, Energy, Economy

Substitution and Technological Change Under cap-and-trade

World Bank
by Considine, Timothy J. ; Larson, Donald F.
The use of carbon-intense fuels by the power sector contributes significantly to the greenhouse gas emissions of most countries. For this reason, the sector is often key to initial efforts to regulate emissions. But how long does it take before new regulatory incentives result in a switch [...]



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