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  "documentTitle": "ey net zero centre carbon offset publication 20220530",
  "authorId": "MorganStanley",
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      "text": "By searching for infra-marginal projects in a setting where we least expect to find them, we are providing something closer to an upper bound on the CDM's overall success in identifying and supporting marginal projects.",
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      "text": "Solving backwards, we define a payoff function V(s, x) for potential market entrants, where s ≥ 0 is a subsidy and x is a vector of other payoff determinants. The essential features of V(s, x)",
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      "text": "GW, with much of this potential concentrated in Southern and Western parts of the country... Our analysis will provide insight into the extent to which CDM subsidies actually contributed to the explosive growth of India's wind power capacity.",
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      "text": "Following Berry (1992), we consider a simple two-stage game for each market—entry followed by service provision. In the first stage, each potential entrant n = 1, . . . , N makes a choice whether or not to enter market k. In the second stage, entrants make investments that determine post-entry payoffs.",
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