Showing 1 - 10 of 155
three instruments: an allowance system (tradable green certificates), a subsidy system (feed-in tariffs) and a Pigouvian …
Persistent link: https://www.econbiz.de/10011804156
in both years). Undercharging for global warming accounts for 22 percent of the subsidy in 2013, air pollution 46 percent …
Persistent link: https://www.econbiz.de/10011444442
subsidy cuts are used to fund additional infrastructure investment. …
Persistent link: https://www.econbiz.de/10010479353
To decarbonize the power sector policy-makers need to commit to long-term credible rules for climate and energy policy. Otherwise, time-inconsistent policy-making will impair investments into low-carbon technologies. However, the future benefits and costs of decarbonization are subject to...
Persistent link: https://www.econbiz.de/10011611130
emissions if and only if they lower the marginal product of dirty energy. The constrained-efficient subsidy equals the marginal … this more optimistic scenario, a clean subsidy generates significantly higher emissions and lower welfare than a tax on …
Persistent link: https://www.econbiz.de/10014444067
. Outcomes are compared with an emission fee and a subsidy. The analytical results are simulated with a numerical model and … subsidy. …
Persistent link: https://www.econbiz.de/10011977097
subsidizing reform efforts with insuring against bad outcomes, and argue that subsidies are advantageous in terms of requiring …
Persistent link: https://www.econbiz.de/10011602603
certain conditions, the optimal pollution tax is positive; otherwise, the tax reverts to a subsidy. Comparing mixed and …
Persistent link: https://www.econbiz.de/10011800081
This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated firms respond to this increase in uncertainty by...
Persistent link: https://www.econbiz.de/10010464693
This paper develops a pseudo-panel approach to examine household electricity demand behaviour through the household life cycle and its response to income variations to help strengthen the energy policy-making process. Our empirical methodology is based on three rich independent microdata surveys...
Persistent link: https://www.econbiz.de/10012415417