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The Linkage Between Income Distribution and Clean Energy Investments: Addressing Financing Cost AgEcon
Ameli, Nadia; Kammen, Daniel M..
With a focus on alternative methods for accelerating clean energy policy adoption, this study introduces an innovative financing scheme for renewable and energy efficiency deployment. Financing barriers represent a notable obstacle for energy improvements and this is particularly the case for low-income households. Limited access to credit, due to socio-economic status and the lack of guarantees, are key issues related to financing barriers. Implementing a policy such as PACE – Property Assessed Clean Energy – allows for the provision of up-front funds for residential property owners to install electric and thermal solar systems and make energy-efficiency improvements to their buildings. This paper will inform the design of better policies tailored to the...
Tipo: Working Paper Palavras-chave: Financing Barriers; Energy Efficiency; Solar PV; Energy Investments; Resource /Energy Economics and Policy; Q42; Q55.
Ano: 2012 URL: http://purl.umn.edu/121912
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Combining Climate and Energy Policies: Synergies or Antagonism? Modeling interactions with energy efficiency instruments AgEcon
Lecuyer, Oskar; Bibas, Ruben.
In addition to the already present Climate and Energy package, the European Union (EU) plans to include a binding target to reduce energy consumption. We analyze the rationales the EU invokes to justify such an overlapping and develop a minimal common framework to study interactions arising from the combination of instruments reducing emissions, promoting renewable energy (RE) production and reducing energy demand through energy efficiency (EE) investments. We find that although all instruments tend to reduce emissions and a price on carbon tends to give the right incentives for RE and EE too, the combination of more than one instrument leads to significant antagonisms regarding major objectives of the policy package. The model allows to show in a single...
Tipo: Working Paper Palavras-chave: Renewable Energy; Energy Efficiency; Energy Policy; Climate Policy; Policy Interaction; Resource /Energy Economics and Policy; Q28; Q41; Q48; Q58.
Ano: 2011 URL: http://purl.umn.edu/120049
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A Tale of Two Countries: Emissions Scenarios for China and India AgEcon
Massetti, Emanuele.
The aim of the paper is to present evidence that China and India are, and will remain, two very different actors in international negotiations to control global warming. We base our conclusions on historical data and on scenarios until 2050. The Business-as-Usual scenario (BaU) is compared to four Emissions Tax scenarios to draw insights on major transformations in energy use and in energy supply and to assess the possible contribution of China and India to a future international climate architecture. We study whether or not the Copenhagen intensity targets require more action than the BaU scenario and we assess whether the emissions reductions induced by the four tax scenarios are compatible with the G8 and MEF pledge to reduce global emissions by 50% in...
Tipo: Working or Discussion Paper Palavras-chave: Climate Change; China; India; Energy Efficiency; Energy and Development; Environmental Economics and Policy; Q32; Q43; Q54; Q43; O53; P52.
Ano: 2011 URL: http://purl.umn.edu/101378
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The Linkages between Energy Efficiency and Security of Energy Supply in Europe AgEcon
Bigano, Andrea; Arigoni Ortiz, Ramon; Markandya, Anil; Menichetti, Emanuela; Pierfederici, Roberta.
It can be argued that one way to reduce the dependence from external energy sources, is simply to reduce the demand for energy. Energy savings may thus be considered a policy priority when concerns for energy security are particularly strong. Drawing on an original econometric approach, we check whether policies and measures that affect indicators of energy efficiency performance have an analogous effect on security of supply indicators, both at the whole economy level and within the main sectors of energy use in the EU 15 countries and Norway. Our analyses show that the indicators studied are affected by a number of policies and measures; however very few of them seem able to tackle effectively and simultaneously, energy efficiency, carbon efficiency and...
Tipo: Working or Discussion Paper Palavras-chave: Energy Efficiency; Energy Security; Policy Effectiveness; Europe; Resource /Energy Economics and Policy; Q40; Q48; Q58; C33.
Ano: 2010 URL: http://purl.umn.edu/90950
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Technological Change, Fuel Efficiency and Carbon Intensity in Electricity Generation: A Cross-Country Empirical Study AgEcon
Verdolini, Elena; Johnstone, Nick; Hascic, Ivan.
This paper provides an empirical analysis of the determinants of energy efficiency in fossil fuel electricity generation across 28 OECD countries over the period 1981-2006, with particular attention to the role played by technological development and the availability of energy efficient technologies in the market. This contribution is novel in three respects: first, empirically assess the effects of different determinants of energy efficiency, which include the input mix in electricity generation, the capacity ratio at which power plants are run, as well as the characteristics of the production technology. Second, we focus on the role of technological availability: using patent data for carefully selected innovations in fossil-fuel technologies, we build...
Tipo: Working Paper Palavras-chave: Fossil Fuel Electricity Generation; Energy Efficiency; Carbon Intensity; Technological Change; Patents; Research and Development/Tech Change/Emerging Technologies; Q40; O33; O13.
Ano: 2011 URL: http://purl.umn.edu/120043
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Energy and Climate Change in China AgEcon
Carraro, Carlo; Massetti, Emanuele.
The paper examines future energy and emissions scenarios in China, presenting historical data and scenarios generated using the Integrated Assessment Model WITCH. A Business-as-Usual scenario is compared with four scenarios in which Greenhouse Gases emissions are taxed, at different levels. Key insights are provided to evaluate the Chinese pledge to reduce the emissions intensity of Gross Domestic Product by 40/45 percent in 2020 contained in the Copenhagen Accord. Marginal and total abatement costs are discussed using the OECD economies as a term of comparison. Cost estimates for different emissions reduction targets are used to assess the political feasibility of the 50 percent global reduction target set by the G8 and Major Economies Forum in July 2009.
Tipo: Working or Discussion Paper Palavras-chave: Climate Change; China; Energy Efficiency; Energy and Development; Resource /Energy Economics and Policy; Q4.
Ano: 2011 URL: http://purl.umn.edu/101294
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