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three instruments: an allowance system (tradable green certificates), a subsidy system (feed-in tariffs) and a Pigouvian …

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Efficiency and distributional impacts of tradable white certificates compared to taxes, subsidies and regulations

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Efficiency and distributional impacts of tradable white certificates compared to taxes, subsidies and regulations

Quirion, Philippe; Giraudet, Louis-Gaëtan - 2008

Tradable White Certificates (TWC) schemes, also labelled Energy-Efficiency Certificates schemes, were recently implemented in Great Britain, Italy and France. Energy suppliers have to fund a given quantity of energy efficiency measures, or to buy so-called "white certificates" from other...