-equilibrium model in which energy subsidies and other taxes in the economy are reduced in a revenue-neutral fashion. Two important … focus on taxation and subsidies. In order to understand the quite complex literature on this subject, we draw on the theory … formulation of similar policies in the future. That is the central purpose of the chapter. Section 2 examines subsidies in …

We analyze welfare implications of policies promoting environmentally friendly vehicles employing rich Swiss micro … only slightly decrease. In contrast, subsidies support EV uptake, and lead to a more pronounced emission reduction. Both …

of social welfare. However, firms always have an incentive to be part of an industry-wide ERC as this increases their …

environmental taxes. We solve for the market equilibrium abstracting from public abatement and taxes and show that the ecological … compares the stationary distributions for environmental quality and individuals’ welfare arising under the unmanaged economy …