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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

Is There Really a Green Paradox?

Ploeg, Frederick van der; Withagen, Cees - 2021

The Green Paradox states that, in the absence of a tax on CO2 emissions, subsidizing a renewable backstop such as solar or wind energy brings forward the date at which fossil fuels become exhausted and consequently global warming is aggravated. We shed light on this issue by solving a model of...

Persistent link: https://www.econbiz.de/10013316241

Learning or Lock-In : Optimal Technology Policies to Support Mitigation

Kalkuhl, Matthias - 2014

We investigate conditions that aggravate market failures in energy innovations, and suggest optimal policy instruments to address them. Using an intertemporal general equilibrium model we show that “small” market imperfections may trigger a several decades lasting dominance of an incumbent...

Persistent link: https://www.econbiz.de/10013068144

Second-Best Renewable Subsidies to De-Carbonize the Economy : Commitment and the Green Paradox

Rezai, Armon - 2016

-best policy consists of an aggressive renewables subsidy in the near term and a gradually rising and falling carbon tax. Given … that global carbon taxes remain elusive, policy makers have to use a second-best subsidy. In case of credible commitment …, the second-best subsidy is set higher than the social benefit of learning. It allows the transition time and peak warming …

Persistent link: https://www.econbiz.de/10012997346

Green Tradable Certificates versus Feed-In Tariffs in the Promotion of Renewable Energy Shares

Requate, Tilman - 2015

The paper analyzes the relationship between CO2 mitigation policy and promotion policies designed to deploy renewable energy sources for electricity production (RES-E). If an emission cap is the only policy target, an optimal mix consisting of high and low carbon use of fossil fuels, deployment...

Persistent link: https://www.econbiz.de/10013030307

Subsidizing Renewable Energy under Capital Mobility

Eichner, Thomas; Runkel, Marco - CESifo - 2010

Persistent link: https://www.econbiz.de/10008671715

Too Little Oil, Too Much Coal : Optimal Carbon Tax and When to Phase in Oil, Coal and Renewables

van der Ploeg, Rick - 2015

dominates the welfare cost of the subsidy if the subsidy gap is small and the global warming challenge is acute. Without a …

Persistent link: https://www.econbiz.de/10013037776

Addressing the Climate Problem : Choice between Allowances, Feed-In Tariffs and Taxes

Amundsen, Eirik Schrøder - 2018

three instruments: an allowance system (tradable green certificates), a subsidy system (feed-in tariffs) and a Pigouvian …

Persistent link: https://www.econbiz.de/10012920348

International Carbon Emissions Trading and Strategic Incentives to Subsidize Green Energy

Eichner, Thomas - 2013

This paper examines strategic incentives to subsidize green energy in a group of countries that operates an international carbon emissions trading scheme. Welfare-maximizing national governments have the option to discriminate against energy from fossil fuels by subsidizing green energy,...

Persistent link: https://www.econbiz.de/10013094652

The Green Paradox and Learning-by-Doing in the Renewable Energy Sector

Nachtigall, Daniel - 2014

The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the reaction of fossil fuel suppliers. In particular, carbon taxes that will be implemented in the future induce resource owners to extract more rapidly which increases present...

Persistent link: https://www.econbiz.de/10013050467