Learning-by-doing and the Costs of a Backstop for Energy Transition and Sustainability

Pierre-André Jouvet and Ingmar Schumacher

Working Papers from HAL

Abstract: We assess the impact of being able to substitute an unlimited but costly energy substitute (like wind, solar) for a non-renewable resource (like oil, coal) in a model of sustainable growth. The prospects for sustainability on the optimal path depend crucially on the costs of this substitute.Furthermore, the poorer a country, measured in terms of capital stock at a given point in time, the later it should switch to the renewable substitute, and the more likely it will be unsustainable. Taking learning-by-doing in account, we find that this leads to an earlier switching time but does not guarantee sustainability.

Keywords: backstop technology; non-renewable resource; resource substitution; sustainability; learning-by-doing.; learning-by-doing (search for similar items in EconPapers)
Date: 2011-11-03
New Economics Papers: this item is included in nep-ene and nep-env
Note: View the original document on HAL open archive server: https://hal.science/hal-00637960
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://hal.science/hal-00637960/document (application/pdf)

Related works:
Journal Article: Learning-by-doing and the costs of a backstop for energy transition and sustainability (2012)
Working Paper: Learning-by-doing and the costs of a backstop for energy transition ans sustainability (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-00637960

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD (hal@ccsd.cnrs.fr).