|
EconStor >
Helmholtz-Zentrum für Umweltforschung (UFZ), Leipzig >
UFZ-Diskussionspapiere, Fachbereich Sozialwissenschaften, Helmholtz-Zentrum für Umweltforschung (UFZ) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/44722
|
| | |
| Title: | | Climate policies with pollution externalities and learning spillovers  |
| Authors: | | Lehmann, Paul |
| Issue Date: | | 2009 |
| Series/Report no.: | | UFZ-Diskussionspapiere 10/2009 |
| Abstract: | | Economic theory suggests that with a pollution externality and learning spillovers related to renewable energy technologies, the optimal climate policy mix includes an emissions policy and an output subsidy to the learning industry. Instead of output subsidies, feed-in tariffs are often implemented in addition to emissions policies. This paper reveals that this policy mix may theoretically provide for a first-best outcome as well. However, its efficient design may be cumbersome for regulators. An emissions tax must be below the Pigovian level and differentiate between fossil fuels. Moreover, both tax and feed-in tariff must be adapted continuously. |
| Subjects: | | Emissions tax feed-in tariffs policy mix spillovers learning by doing |
| JEL: | | D62 Q48 Q54 Q58 |
| Document Type: | | Working Paper |
| Appears in Collections: | | UFZ-Diskussionspapiere, Fachbereich Sozialwissenschaften, Helmholtz-Zentrum für Umweltforschung (UFZ)
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/44722
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|