With the increasing amount of building renovations in Austria, the potential increases for replacing conventional national gas heating systems with heat pumps (HP) and thereby reduce CO2 emissions particularly when combined with solar photovoltaics (PV). The Austrian subsidization scheme for HP...

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...