Showing 1 - 10 of 400
This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced … economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared to benefits, defined as … reductions in net carbon emissions; technological innovation, and increased energy security. The latter part of the paper centers …
Persistent link: https://www.econbiz.de/10005605334
This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green … countries. We use a new multi-country historical dataset and find that green investment has become a key driver of the energy … "green" energy, have a positive and significant impact on green investment. Other interventions, such as biofuel support, do …
Persistent link: https://www.econbiz.de/10009401202
We derive non-cooperative Nash equilibrium (NE) importer and exporter petroleum excise taxes given full within-group tax coordination, but no coordination between groups, assuming that importers do not produce and exporters do not consume petroleum, and petroleum consumption causes a global...
Persistent link: https://www.econbiz.de/10005604867
Fiscal instruments are potentially among the most effective, and cost-effective, options for addressing externalities related to poor air quality, urban road congestion, and greenhouse gases. This paper takes a case study, focused on Mauritius (a pioneer in the use of green taxes) to illustrate...
Persistent link: https://www.econbiz.de/10009151204
This study investigates the relationship between the adoption of renewable energy and the sensitivity of inflation to … changes in fossil energy prices across 69 countries over a 50-year period from 1973 to 2022. In the wake of recently increased … renewable energy adoption, in addition to fighting climate change, could mitigate fossil fuel price-induced inflation volatility …
Persistent link: https://www.econbiz.de/10015058378
This paper provides a comprehensive global, regional, and country-level update of: (i) efficient fossil fuel prices to reflect supply and environmental costs; and (ii) subsidies implied by charging below efficient fuel prices. Globally, fossil fuel subsidies were $7 trillion in 2022 or 7.1...
Persistent link: https://www.econbiz.de/10015059190
towards allowing price signals to operate more freely and providing income relief to the vulnerable. The surge in energy … prices will encourage energy conservation and investments in renewable energy, but the manyfold rise in natural gas prices …-price incentives for investments in energy efficiency and renewable energy should also be enhanced, as envisaged in the RePowerEU plan …
Persistent link: https://www.econbiz.de/10015060212
carbon-intensive energy sources. Using household surveys, we study how a carbon tax may affect households in the Asia Pacific …
Persistent link: https://www.econbiz.de/10015060363
Gasoline and diesel fuel are heavily taxed in many developed and some emerging and developing countries. Outside of the United States and Europe, however, there has been little attempt to quantify the external costs of vehicle use, so policymakers lack guidance on whether prevailing tax rates...
Persistent link: https://www.econbiz.de/10009203535
This paper investigates the mechanisms through which environmental taxes on fossil fuel usage can affect the main macroeconomic variables in the short-run. We concentrate on a particular mechanism: speculative storage. The existence of forward-looking speculators in the model improves the...
Persistent link: https://www.econbiz.de/10011106150