CORDIS Project
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The INFRACLIMATE project analyzes how infrastructure lock-in and irreversible investments impact energy and climate policy design. It aims to develop a comprehensive model that integrates economic factors with climate change considerations.
The objective of this project is to analyse the role of path dependence due to infrastructural lock-in and irreversible investment decisions for the design of optimal energy and climate policies.
The project brings together several strands of economics research, namely macroeconomics, public economics, environmental and resource economics and risk and uncertainty, with climate change and energy economics into an integrated assessment. INFRACLIMATE is aimed to go beyond standard models designed t…
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