Carbon Taxes and Renewable Energy Subsidies: A Discussion About the Green Paradox

2021 ◽  
pp. 115-126
Author(s):  
Maria Elisa Belfiori
Keyword(s):  
Renewable Energy ◽  
Carbon Taxes ◽  
Energy Subsidies ◽  
Green Paradox

scholarly journals Renewable energy, subsidies, and the WTO: Where has the ‘green’ gone?

2015 ◽  
Vol 51 ◽  
pp. 407-416 ◽  
Author(s):  
Patrice Bougette ◽  
Christophe Charlier
Keyword(s):  
Renewable Energy ◽  
Energy Subsidies

scholarly journals Non-Constant Elasticity of Substitution and Intermittent Renewable Energy

2020 ◽  
Vol 49 (2) ◽  
pp. 321-359
Author(s):  
Saketh Aleti ◽  
Gal Hochman
Keyword(s):  
Renewable Energy ◽  
Economic Value ◽  
Market Price ◽  
Electricity Consumption ◽  
Electricity Sector ◽  
Elasticity Of Substitution ◽  
Carbon Taxes ◽  
Constant Elasticity ◽  
Fossil Energy ◽  
Constant Elasticity Of Substitution

In this article, we present a model of the electricity sector where generation technologies are intermittent. The economic value of an electricity generation technology is given by integrating its production profile with the market price of electricity. We use estimates of the consumer's intertemporal elasticity of substitution for electricity consumption while parameterizing the model empirically to numerically calculate the elasticity between renewables and fossil energy. We find that there is a non-constant elasticity of substitution between renewable and fossil energy that depends on prices and intermittency. This suggests that the efficacy and welfare effects of carbon taxes and renewable subsidies vary geographically. Subsidizing research into battery technology and tailoring policy for local energy markets can mitigate these distributional side effects while complementing traditional policies used to promote renewable energy.

scholarly journals Oil shortages, climate change and collective action

2011 ◽  
Vol 369 (1942) ◽  
pp. 1748-1761 ◽  
Author(s):  
David Newbery
Keyword(s):  
Climate Change ◽  
Fossil Fuels ◽  
Limited Capacity ◽  
Carbon Taxes ◽  
High Carbon ◽  
High Carbon Content ◽  
Carbon Pricing ◽  
Green Paradox ◽  
Prisoners Dilemma ◽  
Key Issues

Concerns over future oil scarcity might not be so worrying but for the high carbon content of substitutes, and the limited capacity of the atmosphere to absorb additional CO 2 from burning fuel. The paper argues that the tools of economics are helpful in understanding some of the key issues in pricing fossil fuels, the extent to which pricing can be left to markets, the need for, and design of, international agreements on corrective carbon pricing, and the potential Prisoners’ Dilemma in reaching such agreements, partly mitigated in the case of oil by current taxes and the probable incidence of carbon taxes on the oil price. The ‘Green Paradox’, in which carbon pricing exacerbates climate change, is theoretically possible, but empirically unlikely.

scholarly journals ANNONCES DE PRESSE

2018 ◽  
Vol 336 ◽  
Author(s):  
Jean-François Trébuchon
Keyword(s):  
United Kingdom ◽  
Forest Ecology ◽  
Market Transition ◽  
Congo Basin ◽  
Marine Biodiversity ◽  
Carbon Taxes ◽  
Energy Subsidies

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