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Transition to clean capital, irreversible investment and stranded assets (English)

This paper uses a Ramsey model with two types of capital to analyze the optimal transition to clean capital when polluting investment is irreversible. ... See More +

Policy Research Working Paper WPS6859 MAY 01, 2014

Rozenberg, Julie; Vogt-Schilb, Adrien; Hallegatte, Stephane

Long-term mitigation strategies and marginal abatement cost curves : a case study on Brazil (English)

Decision makers facing abatement targets need to decide which abatement measures to implement, and in which order. This paper investigates the ability of marginal abatement cost (MAC) curves to inform this decision, reanalysing a MAC curve developed by the World Bank on Brazil. ... See More +

Policy Research Working Paper WPS6808 MAR 01, 2014

Vogt-Schilb, Adrien; Hallegatte, Stephane; de Gouvello Christophe

Green industrial policies : when and how (English)

Green industrial policies can be defined as industrial policies with an environmental goal -- or more precisely, as sector-targeted policies that affect the economic production structure with the aim of generating environmental benefits. ... See More +

Policy Research Working Paper WPS6677 OCT 01, 2013

Hallegatte, Stephane; Fay, Marianne; Vogt-Schilb, Adrien

How capital-based instruments facilitate the transition toward a low-carbon economy : a tradeoff between optimality and acceptability (English)

This paper compares the temporal profile of efforts to curb greenhouse gas emissions induced by two mitigation strategies: a regulation of all emissions with a carbon price and a regulation of emissions embedded in new capital only, using capital-based instruments such as investment regulation, differentiation of capital costs, or a carbon tax with temporary subsidies on brown capital. ... See More +

Policy Research Working Paper WPS6609 SEP 01, 2013

Rozenberg, Julie; Vogt-Schilb, Adrien; Hallegatte, Stephane