high availability. Moreover, the subsidy scheme is substantially more complex than a first-best Pigouvian tax. The optimal … renewable subsidy is always positive but tends to decrease as electricity production becomes less reliant on fossils. The … optimal storage subsidy even changes its sign. It is usually negative as long as fossils contribute to filling the storage …

welfare argument. Moreover, different tax systems are compared with respect to the size of the subsidy needed for achieving a … adverse effects of subsidies can at least be alleviated. A proportional subsidy to capital increases the overall capital stock …, enabling to draw utility from a wider variety of goods. However, the regional effects are different: compared to the no-subsidy …

developing country and we analyze the effects of a subsidy program to pollution abatement industry located in the North. We find … that, contrarily to common intuition, the subsidy to the pollution abatement equipment industry might reduce welfare in the …

garden" of content. The subsidy makes it possible for sponsored data access without debiting a monthly data allowance …

of sites suitable for RE. We find that the optimal RE subsidy is differentiated according to productivity and derive a …