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The Economic Determinants of Heat Pump Adoption
Davis, Lucas W. - National Bureau of Economic Research - 2023
One concern with subsidies for low-carbon technologies is that they tend to go predominantly to high-income households …. Previous research has shown, for example, that the top income quintile receives 60% of subsidies for rooftop solar and 90% of … subsidies for electric vehicles. This paper finds that heat pumps are an important exception. Using newly available U …
Persistent link: https://www.econbiz.de/10014322732
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The Cost of Climate Policy to Capital : Evidence from Renewable Portfolio Standards
Hong, Harrison G.; Kubik, Jeffrey D.; Shore, Edward P. - National Bureau of Economic Research - 2023
Many US states have set ambitious renewable portfolio standards (RPS) that require utilities to switch from fossil fuels toward renewables. RPS increases the renewables capacity, bond issuance, maturity, and yield spreads of investor-owned utilities compared to municipal producers that are...
Persistent link: https://www.econbiz.de/10014447281
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The Dynamic Impact of Market Integration : Evidence from Renewable Energy Expansion in Chile
Gonzales, Luis E.; Ito, Koichiro; Reguant, Mar - National Bureau of Economic Research - 2022
Effective and economical expansion of renewable energy is one of the most urgent and important challenges of addressing climate change. However, many countries are facing a problem because existing network infrastructures (i.e., transmission networks) were not originally built to accommodate...
Persistent link: https://www.econbiz.de/10013210044
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Electricity Retail Rate Design in a Decarbonized Economy : An Analysis of Time-Of-Use and Critical Peak Pricing
Schittekatte, Tim; Mallapragada, Dharik; Joskow, Paul L.; … - National Bureau of Economic Research - 2022
Currently, most U.S. electricity consumers pay a constant price per kWh consumed that accounts for most of their bill. Ongoing developments in the power system increase efficiency gains that can be made from exposing consumers to widely varying wholesale spot prices. Pure spot pricing is not...
Persistent link: https://www.econbiz.de/10013435122
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Power Flows : Transmission Lines and Corporate Profits
Hausman, Catherine - National Bureau of Economic Research - 2024
Economists, energy experts, and policymakers have called for accelerating investment in the U.S. electricity …
Persistent link: https://www.econbiz.de/10014468290
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Optimal Income Taxation
Kaplow, Louis - National Bureau of Economic Research - 2022
This article explores subjects in optimal income taxation characterized by recent research interest, practical importance in light of concerns about inequality, potential for misunderstanding, and prospects for advancement. Throughout, the analysis highlights paths for further investigation....
Persistent link: https://www.econbiz.de/10013334417
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Distributional Equity in the Employment and Wage Impacts of Energy Transitions
Gilbert, Benjamin; Gagarin, Hannah; Hoen, Ben - National Bureau of Economic Research - 2023
We use restricted-access, geocoded data on the near-universe of workers in 23 U.S. states in order to quantify the impact of wind energy development on local earnings and employment, by race, ethnicity, sex, and educational attainment. We find the largest relative impacts for workers without a...
Persistent link: https://www.econbiz.de/10014337841
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Carbon Pricing, Clean Electricity Standards, and Clean Electricity Subsidies on the Path to Zero Emissions
Borenstein, Severin; Kellogg, Ryan - National Bureau of Economic Research - 2022
We categorize the primary incentive-based mechanisms under consideration for addressing greenhouse gas emissions from electricity generation--pricing carbon, setting intensity standards, and subsidizing clean energy--and compare their market outcomes under similar expansions of clean electricity...
Persistent link: https://www.econbiz.de/10013334480
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Economic Implications of the Climate Provisions of the Inflation Reduction Act
Bistline, John; Mehrotra, Neil; Wolfram, Catherine D. - National Bureau of Economic Research - 2023
costs-may have substantial negative effects on clean energy investment. We show that the subsidy approach in IRA has …
Persistent link: https://www.econbiz.de/10014287367
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The Distributional Effects of U.S. Tax Credits for Heat Pumps, Solar Panels, and Electric Vehicles
Borenstein, Severin; Davis, Lucas W. - National Bureau of Economic Research - 2024
Over the last two decades, U.S. households have received $47 billion in tax credits for buying heat pumps, solar panels, electric vehicles, and other "clean energy" technologies. Using information from tax returns, we show that these tax credits have gone predominantly to higher-income...
Persistent link: https://www.econbiz.de/10014635651