In this article we show how different promotion schemes for renewables affect economic welfare. Our starting point is that external benefits of renewable electricity supply besides the abatement of greenhouse gases are not related to actual electricity generation but to producing and installing...

In this article we show how different promotion schemes for renewables affect economic welfare. Our starting point is that external benefits of renewable electricity supply besides the abatement of greenhouse gases are not related to actual electricity generation but to producing and installing...

This article shows how dierent promotion schemes for renewables aect economic welfare. Given that the abatement of greenhouse gases is optimally internalized by taxes or emissions trading, our starting point is that the external benefits from renewable energy promotion are not related to actual...