Withagen, C. (1994). Pollution and exhaustibility of fossil fuels Resource and Energy Economics, 16(3):235--242.
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Affiliated authorCees Withagen
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Publication year1994
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JournalResource and Energy Economics
The use of fossil fuels causes environmental damage. This is modeled and the 'optimal' rate of depletion is derived. Also this trajectory is compared with the case where there occurs no environmental damage.