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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
This paper asks whether the European Union's (EU) Emissions Trading Scheme has encouraged investment in renewable energy and energy efficiency projects in developing countries. So far, it has produced very little investment in either in spite of the EU's decision to allow credits for projects...
Persistent link: https://www.econbiz.de/10014059682
mandate that renewables (e.g., wind and solar) produce a specifiedshare of electricity, yet little is known about their …
Persistent link: https://www.econbiz.de/10014106663
Against the backdrop of increasingly serious greenhouse effect and China's high carbon dioxide emissions, President Xi has proposed double carbon target. In order to achieve the double carbon target, the development of renewable energy is a matter of urgency, and the carbon trading market is an...
Persistent link: https://www.econbiz.de/10014079294
of fossil fuels displaced as both policies compete for bioenergy for electricity generation and biofuel production. We …, dynamic, integrated model of the agricultural, electricity, and transportation sectors in the US to examine the mix of … renewable electricity under the RPS, the extent to which it will be affected by the RFS and its consequences for GHG emissions …
Persistent link: https://www.econbiz.de/10014133003
Energy (Electricity) Act 2000 (Cth)). Elements that such quantity-based renewables law has in common with carbon emissions …
Persistent link: https://www.econbiz.de/10013095909
Incentives for the development of renewable energy have increasingly become an instrument of climate policy, that is, as a means to reduce GHG emissions. This research analyzes the German experience in promoting renewable energy over the past decade to identify the ex-post cost of reducing CO2...
Persistent link: https://www.econbiz.de/10013057394
Persistent link: https://www.econbiz.de/10013433155
We study how the implementation of emissions trading systems (ETS) impacts emissions reductions and the usage of renewable energy using a panel sample of the largest 100 countries worldwide. Exploiting the cross-country variations in ETS implementations, we show that ETS adoption materially...
Persistent link: https://www.econbiz.de/10013435149
Persistent link: https://www.econbiz.de/10013449182