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The Future of Renewable Electricity in Australia AgEcon
Buckman, Greg; Diesendorf, Mark.
If long-term greenhouse gas emissions in Australia are to be reduced, renewable energy is likely to be critical. This is particularly so if deep cuts are eventually implemented. Current government policies ( including emissions trading and electricity, the feed-in tariffs announced in 2008), are likely to have only modest impacts on renewable electricity generation in Australia at least until 2020. Australia’s renewable electricity base will remain narrow with little solar technologies’ contribution before 2020. This will not provide an adequate basis for delivering long-term deep cuts to Australia’s greenhouse emissions nor for achieving major greenhouse gas emission reductions at least cost. The future of Australia’s renewable electricity rests mainly...
Tipo: Report Palavras-chave: Renewable electricity; Energy; Greenhouse emissions; Emissions trading; Renewable portfolio standard; Feed-in tariff.; Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/94879
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Cost-Effectiveness of Renewable Electricity Policies AgEcon
Palmer, Karen L.; Burtraw, Dallas.
We analyze policies to promote renewable sources of electricity. A renewable portfolio standard raises electricity prices and primarily reduces gas-fired generation. A "knee" of the cost curve exists between 15% and 20% goals for 2020 in our central case, and higher natural gas prices lower the cost of greater reliance on renewables. A renewable energy production tax credit lowers electricity price at the expense of taxpayers and thus limits its effectiveness in reducing carbon emissions; it also is less cost-effective at increasing renewables than a portfolio standard. Neither policy is as cost-effective as a cap-and-trade policy for achieving carbon emissions reductions.
Tipo: Working or Discussion Paper Palavras-chave: Renewable energy; Electricity; Renewable portfolio standard; Carbon dioxide; Resource /Energy Economics and Policy; Q42; Q48; Q54.
Ano: 2005 URL: http://purl.umn.edu/10845
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