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. Traditionally, the government has allowed each wind investor to choose its preferred subsidy among two types of subsidies: First is … the investment subsidy which reduces the initial investment cost by a fraction. Second is the production subsidy which … different roles: The investment subsidy should be used to target investors facing a high financing cost, whereas the production …
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As part of the Kyoto Protocol, many countries have committed themselves tosubstantially reduce the emission of greenhouse gases within a politically imposed timeconstraint. Investment subsidies can be an important instrument to stimulate the adoption ofenergy-saving technologies to achieve...
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Das Erneuerbare-Energien-Gesetz (EEG) ist das zentrale energiepolitische Instrument für die Energiewende in Deutschland und erfüllt zugleich eine Vorbildfunktion für eine Vielzahl von anderen Ländern. Dieses Gesetz garantiert den Anlagenbetreibern von Erneuerbaren Energien eine...
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I study how different types of subsidization affect investment decisions in a laboratory experiment. Even though the expected pro t is identical in all treatments, I find highly significant differences between them. In particular, when investment alternatives get subsidized with tax credits the...
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