Narrow search
Showing 1 - 10 of 97
Cover Image
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
Cover Image
Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol?
Baumeister, Christiane - 2017
It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically...
Persistent link: https://www.econbiz.de/10012963589
Cover Image
Gone with the Wind? An Empirical Analysis of the Renewable Energy Rent Transfer
Liski, Matti - 2017
Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large-scale transfer of surplus from the incumbent...
Persistent link: https://www.econbiz.de/10012964381
Cover Image
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
Cover Image
From Fossil Fuels to Renewables : The Role of Electricity Storage
Lazkano, Itziar - 2016
We analyze the role of electricity storage for technological innovations in electricity generation. We propose a directed technological change model of the electricity sector, where innovative firms develop better electricity storage solutions, which affect not only the relative competitiveness...
Persistent link: https://www.econbiz.de/10012986171
Cover Image
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
Cover Image
Interaction of Carbon Reduction and Green Energy Promotion in a Small Fossil-Fuel Importing Economy
Pethig, Rudiger - 2013
We study the incidence of carbon-reduction and green-energy promotion policies in an open fossil-fuel importing general equilibrium economy. The focus is on mixed price-based or quantity-based policies. Instruments directed toward promoting green energy are shown to reduce also carbon emissions...
Persistent link: https://www.econbiz.de/10013095718
Cover Image
The Transition to Renewable Energy
Mason, Charles F.; Morin Chassé, Rémi - 2021
The existing economics literature neglects the important role of capacity in the production of renewable energy. To fiill this gap, we construct a model in which renewable energy production is tied to renewable energy capacity, which then becomes a form of capital. This capacity capital can be...
Persistent link: https://www.econbiz.de/10013315427
Cover Image
Does a Renewable Fuel Standard for Biofuels Reduce Climate Costs?
Greaker, Mads; Hoel, Michael; Rosendahl, Knut Einar - 2021
Recent contributions have questioned whether biofuels policies actually lead to emissions reductions, and thus lower climate costs. In this paper we make two contributions to the literature. First, we study the market effects of a renewable fuel standard. Opposed to most previous studies we...
Persistent link: https://www.econbiz.de/10013315823
Cover Image
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