Small Island Developing States (SIDS) like those in the Caribbean region are doubly jeopardized by climate change. They are not major emitters of greenhouse gases, but are amongst the most impacted by the ecological and economic fallout associated…
This paper analyses the effect of green energy promotion policies in a decentralized power industry. We develop a Cournot duopolistic competition between risk-adverse operators each detaining polluting and clean technologies. We show that the…