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This paper examines how optimal renewable energy (RE) support (RES) policies need to be adjusted to account for carbon …
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We study the interaction of climate policies and investments into fossil and renewable energy generation capacity if … carbon taxation and energy generation completely relies on renewables in the latter case. Green investment subsidies can be … can use a high subsidy to reduce or even avoid potentially stranded assets in the next period. With endogenous reelection …
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there is a clean energy source that is a perfect substitute and exhibits learning-by-doing (LBD). If the marginal extraction … slightly increase present extraction. Moreover, taxation leads to higher energy prices which induces the renewable energy firms … crowds out energy from the combustion of fossil fuels and may outweigh the initial increase in present extraction, leading to …
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Electricity generation based on renewable energy (RE) sources such as wind and solar replace the most expensive …
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