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| Giraudet, Louis-Gaetan; Quirion, Philippe. |
| 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... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Energy Saving Policies; Energy-Efficiency Certificates; White Certificates; Rebound Effect; Resource /Energy Economics and Policy; Q38; Q48; Q58. |
| Ano: 2008 |
URL: http://purl.umn.edu/46554 |
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