Arbeitspapier
Optimal Abatement in Dynamic Multipollutant Problems when Pollutants can be Complements or Substitutes
We analyze a dynamic multi-pollutant problem where abatement costs of several pollutants are not separable. The pollutants can be either technological substitutes or complements. Environmental damage is induced by the stock of accumulated pollution. We find that optimal emission paths are qualitatively different for substitutes and complements. We derive general properties governing optimal emission paths and present numerical examples to illustrate our main results. In particular we find that optimal emission paths need not be monotonic, even for highly symmetric pollutants. Finally, we describe a comparatively simple method to implement the optimal path without explicitly knowing its shape.
- Sprache
-
Englisch
- Erschienen in
-
Series: Economics Working Paper ; No. 2005-03
- Klassifikation
-
Wirtschaft
- Thema
-
Multi-pollution
abatement technology
accumulating pollutants
Klimaschutz
Luftreinhaltung
Soziale Kosten
Umweltschutzkosten
Mathematische Optimierung
Wohlfahrtseffekt
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Moslener, Ulf
Requate, Till
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel University, Department of Economics
- (wo)
-
Kiel
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Moslener, Ulf
- Requate, Till
- Kiel University, Department of Economics
Entstanden
- 2005
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