Subsidizing Renewable Energy: Higher Welfare by lower depreciation costs for fossil power plants?

There is a broad agreement that renewable energy sources (RES) will play an important role to abate CO2 emissions but there is a contentious debate about the economic sense to promote RES via subsidies. Many static analyses conclude that subsidizing RES ties up capital which could have been used mor...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 34-2018)
Main Author: Schäfer, Sebastian
Format: Article
Language:English
Published: Philipps-Universität Marburg 2018
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Online Access:PDF Full Text
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