Hirth, Lion; Ueckerdt, Falko - Fondazione ENI Enrico Mattei (FEEM) - 2012
pricing. We find that the redistribution effects of both policies are large, and they work in opposed directions: while … renewables support transfers wealth from producers to consumers, carbon pricing does the opposite. More specifically, we show … CO2 pricing, we find that while suppliers as a whole benefit even without free allocation of emission certificates, large …