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I test whether economic incentives dampen peer effects in public-good settings. I study how a visible and subsidized contribution to a public good (installing solar panels) affects peer contributions that are neither subsidized nor visible (electing green power). Exploiting spatial variation in...
Persistent link: https://www.econbiz.de/10012486441
A growing literature points to the effectiveness of leveraging social interactions and nudges to spur adoption of pro-social behaviors. This study investigates a large-scale behavioral intervention designed to actively leverage social learning and peer interactions to encourage adoption of...
Persistent link: https://www.econbiz.de/10012249269
The rebound effect is a well-known behavioral response whereby potential energy savings from efficiency improvements are partially offset by increased consumption of energy services, as the marginal cost of energy services is reduced. This paper characterizes a similar rebound effect related to...
Persistent link: https://www.econbiz.de/10012003006
Many jurisdictions use net metering to record the power exchange between solar photovoltaic panels and the grid, thus valuing home production at the electricity retail rate. However, if over the billing period, production exceeds consumption, the surplus remains freely available for consumption....
Persistent link: https://www.econbiz.de/10012129780
Prosumers are households that are both producers and consumers of electricity. A prosumer has a grid-connected decentralized production unit (DPU) and makes two types of exchanges with the grid: energy imports when the local production is insuffcient to match the local consumption and energy...
Persistent link: https://www.econbiz.de/10011781008
Conflicting societal goals can lead to national and local policies that are at odds with each other. National policies promoting the adoption of solar photovoltaics may be counteracted by local policies defining the aesthetics of the built environment. As solar photovoltaic energy approaches...
Persistent link: https://www.econbiz.de/10013413522
We study the spatial misallocation resulting from subsidies for residential solar panels in the US and quantify the associated environmental costs. We build a structural model of solar panel demand and electricity production across the country and estimate the model by combining 1) remotely...
Persistent link: https://www.econbiz.de/10014284675
The transition to net zero carbon emissions necessary to limit global warming importantly involves greater use of …
Persistent link: https://www.econbiz.de/10014583821
Why have policies aimed at reducing the demand for carbon not succeeded in slowing down global carbon extraction and CO …2 emissions, and why have carbon prices failed to increase over the last three decades? This comment argues that this is … constraints that would keep long-run extraction within a fixed carbon budget and that, therefore, even strong versions of the …
Persistent link: https://www.econbiz.de/10010528868
During recent years increased attention has been given to second-generation wood-based bioenergy. The carbon stored in … to produce more bioenergy, may thus conflict with the direct benefit of the forest as a carbon sink. We analyze this … optimum will depend on the social cost of carbon, and how the social optimum may be obtained by suitable taxes and subsidies. …
Persistent link: https://www.econbiz.de/10010256154