What Does Europe Pay for Clean Energy? Review of Macroeconomic Simulation Studies

Arbeitspapier

This paper analyses the macroeconomic costs of environmental regulation in European energy markets on the basis of existing macroeconomic simulation studies. The analysis comprises the European emssion trading scheme, energy taxes, measures in the transport sector, and the promotion of renewable energy sources. We find that these instruments affect the European economy, in particular the energy intensive industries and the industries that produce internationally tradeable goods. From a macroeconomic point of view, however, the costs of environmental regulation appear to be modest. The underlying environmental targets and the efficient design of regulation are key determinants for the cost burden.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ZEW Discussion Papers ; No. 07-019

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Energy and the Macroeconomy ; Renewable Resources and Conservation: Government Policy ; Energy: Government Policy ; Renewable Resources and Conservation: Demand and Supply; Prices ; Energy: Demand and Supply; Prices
• Thema: Environmental regulation ; energy market ; macroeconomic costs

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Dannenberg, Astrid ; Mennel, Tim ; Moslener, Ulf
• Ereignis: Veröffentlichung
• (wer): Zentrum für Europäische Wirtschaftsforschung (ZEW)
• (wo): Mannheim
• (wann): 2007

Weitere Informationen

• Handle: http://hdl.handle.net/10419/24571
• Letzte Aktualisierung: 10.03.2025, 11:46 MEZ