Arbeitspapier
Greener homes: An ex-post estimate of the cost of carbon dioxide emission reduction using administrative micro-data from the republic of Ireland
We assess the subsidy for the installation of biomass boilers and wood gasification boilers under the Greener Homes Scheme in Ireland. We find that the (implicit) subsidy per tonne of carbon dioxide avoided varies hugely across households. The current policy costs 17% too much for the emissions avoided, or avoids 17% too few emissions for the money spent. The subsidy reduces welfare (including environmental benefits) by 42%.
- Language
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Englisch
- Bibliographic citation
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Series: ESRI Working Paper ; No. 388
- Classification
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Wirtschaft
- Subject
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climate policy
Ireland
ex-post evaluation
- Event
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Geistige Schöpfung
- (who)
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Leahy, Eimear
Tol, Richard S. J.
- Event
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Veröffentlichung
- (who)
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The Economic and Social Research Institute (ESRI)
- (where)
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Dublin
- (when)
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2011
- Handle
- Last update
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10.03.2025, 11:43 AM CET
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
- Leahy, Eimear
- Tol, Richard S. J.
- The Economic and Social Research Institute (ESRI)
Time of origin
- 2011