Showing 1 - 8 of 8
The combination of emissions trading and emissions taxes is usually rejected as redundant or inefficient. This conclusion is based on the restrictive assumption that both policies are exclusively meant to control pollution. However, particularly taxes may pursue a variety of other policy...
Persistent link: https://www.econbiz.de/10008468141
In this paper, we analyze the rationale for an energy policy mix when the European Emissions Trading scheme (ETS) is considered from a public choice perspective. That is, we argue that the economic textbook model of the ETS implausibly assumes 1) efficient policy design and 2) climate protection...
Persistent link: https://www.econbiz.de/10010954203
This article provides a review of economic studies analyzing the use of multiple policies – a socalled policy mix – to cope with single pollution problems. To guide and structure the review, an analytical framework is developed and applied. The framework integrates transaction costs into the...
Persistent link: https://www.econbiz.de/10008562594
In order to ensure the long-term efficiency and security of electricity supply, improving the market and system integration of renewable energy sources (RES) is of increasing importance. First, the question is how to integrate RES into the regular allocation and remuneration mechanism of the...
Persistent link: https://www.econbiz.de/10011128134
prominent vorgetragene Forderung, die energiepolitische Regulierung ausschließlich auf einen möglichst perfekten Emissionshandel … Emissionshandel aus politökonomischer Sicht als das Resultat eines politischen Regulierungsspiels. Die sich hieraus ergebenden polit …. Denn ein Energiewende-Emissionshandel, der als Einzelinstrument den vollständigen Zielfächer der Energiewende herbeiführt …
Persistent link: https://www.econbiz.de/10010980520
Economic theory suggests that with a pollution externality and learning spillovers related to renewable energy technologies, the optimal climate policy mix includes an emissions policy and an output subsidy to the learning industry. Instead of output subsidies, feed-in tariffs are often...
Persistent link: https://www.econbiz.de/10008562606
In the presence of learning spillovers related to renewable energy technologies, an optimal strategy to mitigate climate change should complement an emissions tax by a subsidy for renewables. This article addresses the question how such subsidy should be designed. It is shown that the...
Persistent link: https://www.econbiz.de/10010740120
In this paper, we analyze the rationale for an energy policy mix when the European Emissions Trading Scheme (ETS) is considered from a public choice perspective. That is, we argue that the economic textbook model of the ETS implausibly assumes (1) efficient policy design and (2) climate...
Persistent link: https://www.econbiz.de/10011046891