408672
408672
omssb
2020-01-06T10:22:00.000Z
no

Seminar

Forskningsseminar: Designing Renewable Energy Support Policies for Carbon Mitigation

Foredragsholder
Sebastian Rausch, ETH Zurich
Dato
13. februar 2020
Når
11:45 - 12:45
Hvor
Auditoriet, SSB, Akersveien 26

Innhold

Bilderesultat for Sebastian Rausch, ETH Zurich

Sebastian Rausch:  https://mtec.ethz.ch/people/person-detail.MTkwOTY1.TGlzdC8xMDUwLC0yMDgyMjgwMDQ4.html

ABSTRACT: This paper uses theoretical and numerical economic equilibrium models to examine optimal renewable energy support policies for wind and solar resources in the presence of a carbon externality associated with the use of fossil fuels. We emphasize three main issues for policy design: the heterogeneity of intermittent natural resources, budget-neutral financing rules, and incentives for carbon mitigation. We find that differentiated subsidies for wind and solar, while being optimal, only yield negligible efficiency gains. Policies with smart financing of RE subsidies which either relax budget neutrality or use polluter-pays financing in the context of budget-neutral schemes can, however, approximate socially optimal outcomes. Our analysis suggests that optimally designed  renewable energy support policies do not necessarily have to be viewed as a costly second-best option when carbon pricing is unavailable.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Praktisk informasjon

Servering av kaffe, te og baguetter fra  11:30

 

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