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This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green investment and analyzes the trends and determinants of this investment over the last decade for 35 advanced and emerging countries. We use a new multi-country historical dataset...
Persistent link: https://www.econbiz.de/10009401202
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...
Persistent link: https://www.econbiz.de/10005605334
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
Persistent link: https://www.econbiz.de/10005037351
Die Abholzung der weltweiten Wälder ist nach der Verbrennung fossiler Brennstoffe die zweitgrößte anthropogene CO2-Quelle. Maßnahmen der UN, die unter dem Namen »REDD« zusammengefasst werden, sollen der Abholzung entgegenwirken. Der Beitrag beschreibt die Funktionsweise von REDD und gibt...
Persistent link: https://www.econbiz.de/10010764275
This Selected Issues Paper focuses on economic condition, energy subsidies, and oil prices in Jordan. Energy price subsidies pose a serious fiscal risk in the present context of increasing and volatile international prices. The macroeconomic situation in Jordan is closely tied to that of other...
Persistent link: https://www.econbiz.de/10011244218
Subsidy reform has been a key component of the pre-accession reform agenda of the 10 new member states that joined the … reforms in their economies. One of the most critical reforms was to reduce, and in some cases, eliminate their subsidy … programs. This paper analyzes how key subsidy reforms (in state aid to enterprises, agriculture, energy, and transportation …
Persistent link: https://www.econbiz.de/10005263811
This paper assesses the effectiveness of policies taken by the Burkinabè authorities to protect the poor from the adverse impact of a combined food and oil price shock in 2008. Estimates of the impact based on household survey data and a price pass-through model suggest that these policies were...
Persistent link: https://www.econbiz.de/10009293765
On December 18, 2010, Iran increased domestic energy and agricultural prices by up to 20 times, making it the first major oil-exporting country to reduce substantially implicit energy subsidies. This paper reviews the economic and technical issues involved in the planning and early...
Persistent link: https://www.econbiz.de/10009203528
Commonly cited environmental instruments in the legal, regulatory, and fiscal domains are intended primarily to address market failures to ensure that environmental degradation and resource use is contained to appropriate levels. However, in many instances, environmental degradation is rooted...
Persistent link: https://www.econbiz.de/10005825826