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Subsidising renewables but taxing storage? : second-best policies with imperfect carbon pricing
Helm, Carsten; Mier, Mathias - 2018
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 …
Persistent link: https://www.econbiz.de/10011911934
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Subsidising renewables but taxing storage? : second-best policies with imperfect carbon pricing
Helm, Carsten; Mier, Mathias - 2019
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 …
Persistent link: https://www.econbiz.de/10012268082
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Optimal carbon taxation and horizontal equity : a welfare theoretic approach with application to German household data
Hänsel, Martin C.; Franks, Max; Kalkuhl, Matthias; … - 2021
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
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Optimal carbon taxation and horizontal equity
Hänsel, Martin C.; Franks, Max; Kalkuhl, Matthias; … - 2021 - Thus version: March 11,2021
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/10012600155
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Subsidizing Renewable Energy Under Capital Mobility
Eichner, Thomas - 2014
outflow to other countries. When the green subsidy is available, countries choose a positive subsidy rate since this reduces … the overall distortion of the tax-subsidy system. In doing so, each country internalizes a larger part of the …. Hence, the subsidy is not only beneficial for the country which imposes it but for all countries …
Persistent link: https://www.econbiz.de/10013069215
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Carbon price and wind power support in Denmark
Gavard, Claire - 2015
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
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Climate policy with electricity trade
Ambec, Stefan; Yang, Yuting - 2023
Persistent link: https://www.econbiz.de/10014247122
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Subsidizing renewable energy under capital mobility
Eichner, Thomas; Runkel, Marco - 2010
outflow to other countries. When the green subsidy is available, countries choose a positive subsidy rate since this reduces … the overall distortion of the tax-subsidy system. In doing so, each country internalizes a larger part of the …. Hence, the subsidy is not only beneficial for the country which imposes it but for all countries. …
Persistent link: https://www.econbiz.de/10010274981
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Do Renewable Portfolio Standards Deliver Cost-Effective Carbon Abatement?
Greenstone, Michael; Nath, Ishan - 2020
The most prevalent and perhaps most popular climate policies in the U.S. are Renewable PortfolioStandards (RPS) that mandate that renewables (e.g., wind and solar) produce a specifiedshare of electricity, yet little is known about their efficiency. Using the most comprehensivedata set ever...
Persistent link: https://www.econbiz.de/10014106663
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Using Emissions Trading Schemes to Reduce Heterogeneous Distortionary Taxes : the Case of Recycling Carbon Auction Revenues to Support Renewable Energy
Gavard, Claire - 2019
While emissions trading schemes are developed by nations to mitigate their greenhouse gas emissions, behavioural studies have shown that the political and public acceptability of these market-based instruments depends on the way the associated revenues are used. One option the general public...
Persistent link: https://www.econbiz.de/10012895793