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The impact of carbon prices on renewable energy support
Abrell, Jan; Kosch, Mirjam - 2021
This paper examines how optimal renewable energy (RE) support (RES) policies need to be adjusted to account for carbon prices. We show theoretically and empirically that changing carbon prices requires adjusting RE production subsidies due to two different motives: First, RE premiums need to be...
Persistent link: https://www.econbiz.de/10012534624
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Green energy finance in Australia and New Zealand
Diaz-Rainey, Ivan; Sise, Greg - 2018
We explore the history and current status of green energy finance in Australia and New Zealand. Although both countries have enviable renewable energy resources with a 100% renewable mix considered feasible, the two countries present highly contrasting contexts for energy finance. Currently, and...
Persistent link: https://www.econbiz.de/10011843946
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Using emissions trading schemes to reduce heterogeneous distortionary taxes : the case of recycling carbon auction revenues to support renewable energy
Gavard, Claire; Voigt, Sebastian; Genty, Aurélien - 2018
While emissions trading schemes are developed by nations to mitigate their greenhouse gas emissions, behavioural … disaggregation of European sectors, we find that using auction revenues from the Emissions Trading Scheme (ETS) to support …
Persistent link: https://www.econbiz.de/10011947203
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Optimal carbon taxation and horizontal equity : a welfare theoretic approach with application to German household data
Hänsel, Martin C.; Franks, Max; Kalkuhl, Matthias; … - 2021
We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by considering heterogeneous energy efficiencies. By deriving first- and second-best rules for policy instruments including carbon taxes, transfers and energy subsidies, we then...
Persistent link: https://www.econbiz.de/10012485343
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The carbon-budget approach to climate stabilization : costeffective subglobal versus global action
Eichner, Thomas; Pethig, Rüdiger - 2010
the world mean temperature exceeding 2° Celsius. To achieve the two degree target, the cumulated global emissions must not … restricting emissions to the global carbon budget. In its simplest form, the cost-effective global policy is shown to consist of a … the abating country to tax its first-period consumption and to tax or subsidize its emissions in the first and/or second …
Persistent link: https://www.econbiz.de/10008688810
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The carbon-budget approach to climate stabilization : cost-effective subglobal versus global action
Eichner, Thomas; Pethig, Rüdiger - 2010
the world mean temperature exceeding 2° Celsius. To achieve the two degree target, the cumulated global emissions must not … restricting emissions to the global carbon budget. In its simplest form, the cost-effective global policy is shown to consist of a … the abating country to tax its first-period consumption and to tax or subsidize its emissions in the first and/or second …
Persistent link: https://www.econbiz.de/10008699683
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Steering the energy transition in a world of intermittent electricity supply : optimal subsidies and taxes for renewables storage
Helm, Carsten; Mier, Mathias - 2020
We consider an economy in which competitive firms use three technologies for electricity production: pollutive fossils, intermittent renewables whose availability varies continuously over time, and storage. A Pigouvian tax implements the first-best solution. This is also the case for an...
Persistent link: https://www.econbiz.de/10012232987
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Managing the spatial externalities of renewable energy deployment : uniform vs. differentiated regulation
Geiger, Charlotte; Lehmann, Paul - 2021
With the expansion of renewable energy sources (RES) in countries all over the world, policy design to address the negative impacts of RES plants on their local and regional environment gains in importance. We analyse whether policy design should be spatially-differentiated or uniform when...
Persistent link: https://www.econbiz.de/10012487862
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Effectiveness of renewable energy subsidies in a CO2 intensive electricity system
Pattakou, Aimilia; Vlahakis, Aryestis - 2018
Can subsidies to renewable energy effectively internalise CO2 costs in electricity production? Under current policy design it only matters that the replaced energy is dirty, but not how dirty it is. We use a modified peak-load pricing model, including variable renewable generators and the...
Persistent link: https://www.econbiz.de/10011904758
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Green finance in Viet Nam : barriers and solutions
Trong Co Nguyen; Anh Tu Chuc; Le Ngoc Dang - 2018
Viet Nam's energy sector has made considerable strides in recent years in achieving high percentage of nationwide electrification and a relatively diversified energy mix that is dominated by hydropower, followed by gas and coal. However, sustaining those achievements including addressing...
Persistent link: https://www.econbiz.de/10011927783