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
Englisch

Bibliographic citation
Series: ESRI Working Paper ; No. 388

Classification
Wirtschaft
Subject
climate policy
Ireland
ex-post evaluation

Event
Geistige Schöpfung
(who)
Leahy, Eimear
Tol, Richard S. J.
Event
Veröffentlichung
(who)
The Economic and Social Research Institute (ESRI)
(where)
Dublin
(when)
2011

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Leahy, Eimear
  • Tol, Richard S. J.
  • The Economic and Social Research Institute (ESRI)

Time of origin

  • 2011

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