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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Environmental and Technology Policy Options in the Electricity Sector: Interactions and Outcomes | |
Carolyn Fischer; Richard G. Newell; Louis Preonas | |
发表日期 | 2014 |
出处 | Climate Change and Sustainable Development |
出版年 | 2014 |
语种 | 英语 |
摘要 | Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from renewable sources, and encourage energy conservation. To what extent do innovation and energy efficiency (EE) market failures justify additional interventions when a carbon price is in place? We extend the model of Fischer and Newell (2008) with advanced and conventional renewable energy technologies and short and long-run EE investments. We incorporate both knowledge spillovers and imperfections in the demand for energy efficiency. We conclude that some technology policies, particularly correcting R&D market failures, can be useful complements to emissions pricing, but ambitious renewable targets or subsidies seem unlikely to enhance welfare when placed alongside sufficient emissions pricing. The desirability of stringent EE policies is highly sensitive to the degree of undervaluation of EE by consumers, which also has implications for policies that tend to lower electricity prices Even with multiple market failures, emissions pricing remains the single most cost-effective option for reducing emissions. *** Suggested citation: Fischer, C., R. G. Newell, L. Preonas, (2014), 'Environmental and Technology Policy Options in the Electricity Sector: Interactions and Outcomes', Nota di Lavoro 67.2014, Milan, Italy: Fondazione Eni Enrico Mattei. |
特色分类 | Q42;Q52;Q55;Q58 |
关键词 | Climate Change Cap-and-Trade Renewable Energy Portfolio Standards Subsidies Spillovers Energy Efficiency Electricity |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/environmental-and-technology-policy-options-in-the-electricity-sector-interactions-and-outcomes/ |
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/118306 |
推荐引用方式 GB/T 7714 | Carolyn Fischer,Richard G. Newell,Louis Preonas. Environmental and Technology Policy Options in the Electricity Sector: Interactions and Outcomes. 2014. |
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 | ||
201471591481Nota_di_(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
201471591484NDL2014-(1970KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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