Fossil fuel lock-in: the carbon pricing key

ACDE Trade & Development Seminars


Associate Professor Paul Burke, Crawford School of Public Policy, ANU


Other, please see description for details


Tuesday, 19 March, 2019 - 14:00 to 15:30

Long-term lock-in is a defining characteristic of energy systems, for reasons including the long-lived nature of energy infrastructure and the role of local endowments. As a result, energy systems develop a path dependence under which current energy-type use is strongly influenced by past use. The analysis uses data for nine energy types and a large sample of countries, finding varying degrees of energy-type lock-in over time.

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