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To decarbonize the power sector policy-makers need to commit to long-term credible rules for climate and energy policy. Otherwise, time-inconsistent policy-making will impair investments into low-carbon technologies. However, the future benefits and costs of decarbonization are subject to...
Persistent link: https://www.econbiz.de/10011611130
If bioenergy has a less negative impact on the climate than fossil energy, it may be optimal to have a significant increase in the use of bioenergy over time. Due to the difference in the way the climate is affected by the two types of energy, the future time path of the use of bioenergy may be...
Persistent link: https://www.econbiz.de/10011819398
three instruments: an allowance system (tradable green certificates), a subsidy system (feed-in tariffs) and a Pigouvian …
Persistent link: https://www.econbiz.de/10011804156
model, I show that a subsidy on input factors in a Cobb-Douglas production function may contribute substantially to …
Persistent link: https://www.econbiz.de/10011529800
The aim of the analysis is to estimate the impact of Cohesion Policy in the programming period 2014-2020 on the EU climate and energy targets in 9 chosen European countries and on transition into low-carbon economies. The paper discusses benefits expected at the beginning of the 2014-2020...
Persistent link: https://www.econbiz.de/10011450813
emissions if and only if they lower the marginal product of dirty energy. The constrained-efficient subsidy equals the marginal … this more optimistic scenario, a clean subsidy generates significantly higher emissions and lower welfare than a tax on …
Persistent link: https://www.econbiz.de/10014440981
emissions if and only if they lower the marginal product of dirty energy. The constrained-efficient subsidy equals the marginal … this more optimistic scenario, a clean subsidy generates significantly higher emissions and lower welfare than a tax on …
Persistent link: https://www.econbiz.de/10014444067
facilitate sustainable finance internally. This article identifies challenges to sustainable finance in Nigeria and suggests …
Persistent link: https://www.econbiz.de/10014238637
This paper aims at characterizing the conditions of wind power deployment in order to infer a carbon price level that would provide wind power with comparable advantage over fossil fuel technologies as effective wind support policies. The analysis is conducted on Danish data from 2000 to 2010,...
Persistent link: https://www.econbiz.de/10010476202
domestic and foreign production of other goods. The optimal tax-subsidy scheme is based on an intuitive principle: Impose a …. Producers of renewables-based electricity should receive a subsidy to internalize their contribution to the reduction of global …
Persistent link: https://www.econbiz.de/10012859989