| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Efficiency and Distributional Impacts of Tradable White Certificates Compared to Taxes, Subsidies and Regulations | |
| Philippe Quirion; Louis-Gaëtan Giraudet | |
| 发表日期 | 2008 |
| 出处 | Energy: Resources and Markets |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | Tradable White Certificates (TWC) schemes, also labelled Energy-Efficiency Certificates schemes, were recently implemented in Great Britain, Italy and France. Energy suppliers have to fund a given quantity of energy efficiency measures, or to buy so-called "white certificates" from other suppliers who exceed their target. We develop a partial equilibrium model to compare TWC schemes to other policy instruments for energy efficiency, i.e., energy taxes, subsidies on energy-saving goods and regulations fixing a minimum level of energy-efficiency. The model features an endogenous level of energy service and we analyse the influence of the substitutability between energy and energy-saving goods to produce the energy service, as well as the influence of the elasticity of demand for the energy service. We show that if the level of energy service consumption is fixed, a TWC scheme is as efficient as an energy tax, but that it is much less otherwise because it does not provide the optimal incentive to reduce the consumption of energy service. This inefficiency is worsened if energy suppliers' targets are fixed rather than proportional to the suppliers' current output. On the other hand, compared to taxes, a TWC scheme allows reaching a given level of energy savings with a lower increase in the consumers' energy price, which may ease its implementation. |
| 特色分类 | Q38,Q48,Q58 |
| 关键词 | Energy Saving Policies,Energy-Efficiency Certificates,White Certificates,Rebound Effect |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/efficiency-and-distributional-impacts-of-tradable-white-certificates-compared-to-taxes-subsidies-and-regulations/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117612 |
| 推荐引用方式 GB/T 7714 | Philippe Quirion,Louis-Gaëtan Giraudet. Efficiency and Distributional Impacts of Tradable White Certificates Compared to Taxes, Subsidies and Regulations. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| NDL2008-088.pdf（486KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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