Titelaufnahme

Titel
Climate policies with pollution externalities and learning spillovers / Paul Lehmann. Helmholtz-Zentrum für Umweltforschung, UFZ, Department Ökonomie
VerfasserLehmann, Paul
ErschienenLeipzig : Helmholtz-Zentrum für Umweltforschung, UFZ, 2009
UmfangOnline-Ressource (PDF-Datei: 16 S., 0,22 MB)
SpracheEnglisch
SerieUFZ-Diskussionspapiere ; 10/2009
SchlagwörterOnline-Publikation
URNurn:nbn:de:gbv:3:2-78326 
Zugriffsbeschränkung
 Das Dokument ist frei verfügbar
Dateien
Climate policies with pollution externalities and learning spillovers [0.22 mb]
Links
Nachweis
Klassifikation
Zusammenfassung

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.