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- Title
Economic Impacts of Renewable Energy Promotion in Germany.
- Authors
Böhringer, Christoph; Landis, Florian; Tovar Reaños, Miguel Angel
- Abstract
Over the last decade Germany has boosted renewable energy in power production by means of massive subsidies. The flip side are very high electricity prices which raise concerns that the transition cost towards a renewable energy system will be mainly borne by poor households. In this paper, we combine computable general equilibrium and microsimulation analyses to investigate the economic impacts of Germany's renewable energy promotion. We find that the regressive effects of renewable energy promotion could be attenuated by alternative subsidy financing mechanisms.
- Subjects
GERMANY; RENEWABLE energy sources; ENERGY subsidies; ENERGY policy; ENERGY industries &; the economy; ECONOMIC equilibrium
- Publication
Energy Journal, 2017, Vol 38, p189
- ISSN
0195-6574
- Publication type
Article
- DOI
10.5547/01956574.38.SI1.cboh