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Keywords: backstop technology
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Journal Articles
Strategic Behavior and the Environment (2024) 10 (1-2): 1–14.
Published: 18 November 2024
...Rögnvaldur Hannesson Production of a renewable substitute to fossil fuels is modeled as causing the cost of this backstop technology to fall over time in proportion to the scale of the substitute production and how long it has been in use. The unit cost of resource extraction is assumed to rise...

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