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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

Learning or lock-in : optimal technology policies to support mitigation

Kalkuhl, Matthias; Edenhofer, Ottmar; Lessmann, Kai - 2011

subsidy ; renewable portfolio standard ; feed-in-tariffs ; carbon pricing …

Persistent link: https://www.econbiz.de/10009012774

Addressing the climate problem : choice between allowances, feed-in tariffs and taxes

Amundsen, Eirik Schrøder; Andersen, Peder; Birk … - 2018

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

Persistent link: https://www.econbiz.de/10011804156

Optimal energy taxes and subsidies under a cost-effective unilateral climate policy : addressing carbon leakage

Kruse-Andersen, Peter Kjær; Sørensen, Peter Birch - 2019

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/10012118585

The macroeconomics of clean energy subsidies

Casey, Gregory; Jeon, Woongchan; Traeger, Christian - 2023

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

The green paradox and learning-by-doing in the renewable energy sector

Nachtigall, Daniel; Rübbelke, Dirk T. G. - 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/10010375227

Stranded assets, the social cost of carbon, and directed technical change : macroeconomic dynamics of optimal climate policy

Ploeg, Frederick van der; Rezai, Armon - 2016 - September 2014, revised February 2016

energy subsidy, and characterize the optimal amount of untapped fossil fuel. …

Persistent link: https://www.econbiz.de/10011434598

Second-best renewable subsidies to de-carbonize the economy : commitment and the green paradox

Rezai, Armon; Ploeg, Frederick van der - 2016 - Revised January 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/10011417667

The rise and fall of bioenergy

Hoel, Michael - 2018

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

Optimal subsidies for residential solar

Colas, Mark; Saulnier, Emmett - 2023 - This Version: August 2023

We study the spatial misallocation resulting from subsidies for residential solar panels in the US and quantify the associated environmental costs. We build a structural model of solar panel demand and electricity production across the country and estimate the model by combining 1) remotely...

Persistent link: https://www.econbiz.de/10014284675