This paper investigates the effectiveness of reputation in inducing a polluting firm to self-regulate its emissions when consumers have imperfect information. In particular, we ask to what extent must consumers reward and punish the firm before it chooses self-regulation as its dominant strategy? We find that if payoffs in the stage game are such that both the consumer and the polluting firm ha...

We characterize the dynamics of energy markets in which energy is derived from polluting (fossil) and clean (solar) resources. The analysis is based on geometric optimal control considerations. An important feature of solar energy technologies is that their cost of supply is predominantly due to upfront investment in capital infrastructure (rather than to actual supply rate) and this feature ha...

As a clean, non-polluting and renewable energy source with abundant reserves, tidal current is highly sought after by various countries. In this paper, we present preliminary analysis of domestic international research on power generation propose future development proposals to provide impetus for the into commercial mode. Although some progress has been made in demonstration countries relevant...

O nce a severe but local problem of highly industrialised and densely populated cities, air pollution has now morphed into a more insidious threat to the public health of entire nations. Smoke from domestic coal fires, power plants and heavy industry has largely vanished from our skies. This has been achieved through the use of clean fuels, filtration of flue gases, improvements in process tech...

For the mitigation of long-term pollution threats, one must consider that both the process of environmental degradation and the switchover to new and cleaner technologies are dynamic. We develop a model of a uniform good that can be produced by either a polluting technology or a clean one; the latter is more expensive and requires investment in capacity. We derive the socially optimal pollution...