Arbeitspapier
The Rise and Fall of Bioenergy
If bioenergy has a less negative impact on the climate than fossil energy, it may be optimal to have a significant increase in the use of bioenergy over time. Due to the difference in the way the climate is affected by the two types of energy, the future time path of the use of bioenergy may be non-monotonic: It may be optimal to first have an increase in its use, and later a reduction. Optimal taxes and subsidies are derived both for the first-best case and for the case of a constraint on the size of the fossil tax.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 6971
- Classification
-
Wirtschaft
Alternative Energy Sources
Energy: Government Policy
Climate; Natural Disasters and Their Management; Global Warming
Environmental Economics: Government Policy
- Subject
-
bioenergy
renewable energy
climate policy
carbon tax
second best
subsidies
- Event
-
Geistige Schöpfung
- (who)
-
Hoel, Michael Olaf
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2018
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hoel, Michael Olaf
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2018
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