The purpose of this study is to examine the impact of renewable energy policies and financial development on CO2 emissions and economic growth in EU countries. The panel vector autoregression (PVAR) model is employed to investigate the relationship between renewable energy policies, financial...

We study clean energy subsidies in a quantitative climate-economy model. Clean energy subsidies decrease carbon emissions if and only if they lower the marginal product of dirty energy. The constrained-efficient subsidy equals the marginal external cost of dirty energy multiplied by the marginal...

We study clean energy subsidies in a quantitative climate-economy model. Clean en-ergy subsidies decrease carbon emissions if and only if they lower the marginal product of dirty energy. The constrained-efficient subsidy equals the marginal external cost of dirty energy multiplied by the...

Chapter 1 – Introduction -- Chapter 2 -Sustainable Growth, Welfare and Short-termism -- Chapter 3 - Non-Sustainable Growth, Resource Extraction, and Boom-Bust Cycles -- Chapter 4 - Fossil Fuel Resources, Environment and Climate Change -- Chapter 5 - Limits on the Extraction of Fossil Fuels,-...

The paper deals with the efficiency and effectiveness of renewable energy support in Europe in order to achieve the target of 20% of final consumption in 2020. The reconciliation of subsidisation of carbon free energy sources and competition in the energy sector creates serious problems to the...

Given the intensifying debates whether governments should use industrial policies to promote particular renewable energy technologies, the main objective of this study is to investigate the long-run effects of renewable energy support policies on economic growth and employment in 15 European...