Working paper

Capital Sunk, Emissions Locked: The Economics of Energy Transitions under Carbon Constraints

Michel Moreaux, Jean-Pierre Amigues, and Manh-Hung Nguyen

JEL codes

  • E22: Capital • Investment • Capacity
  • Q00: General
  • Q32: Exhaustible Resources and Economic Development
  • Q43: Energy and the Macroeconomy
  • Q54: Climate • Natural Disasters • Global Warming

Reference

Michel Moreaux, Jean-Pierre Amigues, and Manh-Hung Nguyen, Capital Sunk, Emissions Locked: The Economics of Energy Transitions under Carbon Constraints, TSE Working Paper, n. 26--1721, February 2026.

See also

Published in

TSE Working Paper, n. 26--1721, February 2026