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Taxation of carbon emissions with social and private discount rates

Mier, Mathias; Adelowo, Jacqueline - 2022

Energy system and power market models refrain from distinguishing between private and social discount rates. We devise a strategy to account for diverging private and social discount rates in intertemporal optimization frameworks, resulting in an optimal carbon tax above the marginal damage when...

Persistent link: https://www.econbiz.de/10013329795

Complementary taxation of carbon emissions and local air pollution

Mier, Mathias; Adelowo, Jacqueline; Weissbart, Christoph - 2022

Current decarbonization policies neglect damages from local air pollutants. We analyze the trade-off between complementary taxation of carbon emissions and local air pollution. We quantify results for the European power market until 2050. Taxing only air pollution results in social cost of 5,890...

Persistent link: https://www.econbiz.de/10013329808

Efficient spatial allocation of wind power plants given environmental externalities due to turbines and grids

Grimsrud, Kristine M.; Hagem, Cathrine; Lind, Arne; … - 2020

Negative environmental externalities associated with wind power plants depend on the physical characteristics of turbine installations and associated power lines and the geographical siting. We derive analytically an environmental taxation scheme for achieving the efficient spatial distribution...

Persistent link: https://www.econbiz.de/10012801086

Local economic impacts of wind power deployment in Denmark

Gavard, Claire; Göbel, Jonas; Schoch, Niklas - 2022

An argument sometimes used to support renewable energy is that it may contribute to job creation. On the other hand, these technologies often face local opposition. On the case of Denmark, the country with the longest experience with wind power, the authors examine whether the installation of...

Persistent link: https://www.econbiz.de/10013464280

Assessing the strength and effectiveness of renewable electricity feed-in tariffs in European Union countries

Groba, Felix; Indvik, Joe; Jenner, Steffen - 2011

electricity generation cost to estimate the resulting return on investment. We then regress this indicator on added RES-E capacity …

Persistent link: https://www.econbiz.de/10009579605

Wind electricity subsidies = windfall gains for land owners? : evidence from a feed-in tariff in Germany

Haan, Peter; Simmler, Martin - 2016

In 2013, around 121 billion US-Dollar were spend worldwide to promote the investment into renewable energy sources. The … turbine subsidies, due to a feed-in tariff in Germany, into land prices to shed light on who benefits from the subsidies. In … incidence share of 15%, we find that wind turbine subsidies account for roughly 4% of overall agricultural income of land owners …

Persistent link: https://www.econbiz.de/10011453675

Wind Electricity Subsidies—a Windfall for Landowners? Evidence from a Feed-In Tariff in Germany

Haan, Peter - 2020

Subsidies for renewable energy sources are increasing around the globe and amounted to more than 100 billion euro in … 2013. This study aims to answer whether the subsidies only ensure that green electricity plants are profitable or whether … identify the causal effect of the subsidies, we investigate the impact of the introduction of a price guarantee in the form of …

Persistent link: https://www.econbiz.de/10012839430

Investment Versus Output Subsidies : Implications of Alternative Incentives for Wind Energy

Aldy, Joseph E. - 2020

effect reflects subsidy incentives rather than selection. The introduction of investment subsidies caused the Federal …This paper examines the choice between subsidizing investment or output to promote socially desirable production. We … exploit a natural experiment in which wind farm developers could choose an investment or output subsidy to estimate the impact …

Persistent link: https://www.econbiz.de/10012852740

Environmental regulation and innovation in renewable energy technologies : does the policy instrument matter?

Hille, Erik; Althammer, Wilhelm; Diederich, Henning - 2019 - Version February 24, 2019

We examine how different renewable energy support policies affect innovation in solar and wind power technologies. The analysis is conducted using policy and patent data for a large sample of 194 countries and territories. The policy data allows distinguishing two dimensions of regulation, i.e....

Persistent link: https://www.econbiz.de/10012230967

Efficient spatial allocation of wind power plants given environmental externalities due to turbines and grids

Grimsrud, Kristine M.; Hagem, Cathrine; Lind, Arne; … - 2020

Persistent link: https://www.econbiz.de/10012266998