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a non-distortionary investment subsidy. …
Persistent link: https://www.econbiz.de/10011753135
for the German power industry around 2015. The distortions remain moderate as compared to other investment subsidies …
Persistent link: https://www.econbiz.de/10010300612
We develop and implement a new method for identifying wasted subsidies, and use it to provide systematic evidence on the misallocation of carbon offsets in the Clean Development Mechanism—the world’s largest carbon offset program. Using newly constructed data on the locations and...
Persistent link: https://www.econbiz.de/10012799668
This doctoral thesis, organized in three self-contained chapters, provides an analysis of the economic effects associated with the extraction of natural resources and the transition from an economy based on fossil fuel use to an economy relying primarily on renewable energy sources. Chapter 1...
Persistent link: https://www.econbiz.de/10012291451
We study the effect of climate policy on companies’ greenhouse gas emissions using emissions data for the headquarters and subsidiaries of the world’s biggest manufacturing, energy, and utility companies. Our results suggest that financial incentives and legal requirements to audit energy...
Persistent link: https://www.econbiz.de/10011744957
and sustainable energy production. This Energy Investment Tax Allowance (EIA in Dutch) reduces up-front investment costs … some of the investment costs from their taxable profits. The EIA may also reduce search costs by investors to find … revenues to subsidise investment in energy-efficient technologies and renewable energy is not very different from using on …
Persistent link: https://www.econbiz.de/10010314794
In the absence of an international agreement on climate policy, unilateral carbon abatement creates two problems: It tends to have a detrimental effect on domestic competitiveness, and it leads to an increase in carbon emissions abroad (leakage). This paper analyses two policies that have...
Persistent link: https://www.econbiz.de/10010298072
Technological development is likely to play an important role in curbing growth in greenhouse gas emissions. It is therefore important to incorporate factors influencing technological change in climate policy analyses. This paper studies climate policy when there are technology spillovers...
Persistent link: https://www.econbiz.de/10011325064
We examine international cooperation on technological development as a supplement to, or an alternative to, international cooperation on emission reductions. R&D should be increased beyond the non-cooperative level if (i) the technology level in one country is positively affected by R&D in other...
Persistent link: https://www.econbiz.de/10010274291
Technology policy is the most widespread form of climate policy and is often preferred over seemingly efficient carbon pricing. We propose a new explanation for this observation: gains that predominantly accrue to households with large capital assets and that influence majority decisions in...
Persistent link: https://www.econbiz.de/10014313931