Search
Results
-
The economic cost of carbon abatement with renewable energy policies
(2017)Economics Working Paper SeriesThis paper exploits the randomness and exogeneity of weather conditions to identify the economic cost of decarbonization through renewable energy (RE) support policies. We find that both the aggregate cost and the distribution of cost between energy producers and consumers vary significantly depending on which type of RE technology is promoted—reflecting substantial heterogeneity in production cost, temporal availability of natural ...Working Paper