The aim of the present study was to analyse the welfare-theoretic implications of diverging social and private time preferences and a time-to-build feature in capital accumulation for the conditions of structural change in the energy industry, when emissions are negatively valued and an end-of-pipe abatement technology is available. The results of theoretical and applied part were summarised in chapter 4 and at the ends of chapters 6 and 7, respectively. In this chapter they are put in perspective (section 8.1). Section 8.2 considers general policy conclusions. Section 8.3 states issues for further research.
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© 2009 Springer-Verlag Berlin Heidelberg
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(2009). Conclusions. In: Distorted Time Preferences and Structural Change in the Energy Industry. Sustainability and Innovation. Physica-Verlag HD. https://doi.org/10.1007/978-3-7908-2183-3_8
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DOI: https://doi.org/10.1007/978-3-7908-2183-3_8
Publisher Name: Physica-Verlag HD
Print ISBN: 978-3-7908-2182-6
Online ISBN: 978-3-7908-2183-3
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