Analysis of tax incentives for energy-efficient durables in the EU
By CostBenefit on Nov 15, 2009 | In Energy, Climate Change GHG Carbon CO2, Europe, Regulatory Analysis, Costs and Benefits, Socio-Political-Cognitive-Economics | Send feedback »
Link: http://dx.doi.org/10.1016/j.enpol.2009.08.031
Abstract: ... This paper presents the results of an analysis of the potential cost-effectiveness of different policy options aimed to foster the production and consumption of energy-efficient appliances in different European countries. Our results suggest that incentives to promote the use of energy-efficient appliances can be cost-effective, but whether or not they are depends on the particular country and the options under consideration. From the cases considered, tax credits on boilers appear to be a cost-effective option in Denmark and Italy, while subsidies on CFLi bulbs in France and Poland are cost-effective in terms of €/ton of CO2 abated. Comparing the subsidies against the energy tax options, we find that the subsidies are in most cases less cost-effective than the energy tax.
by Anil Markandya 1 and 2, Ramon Arigoni Ortiz 1 and 2, Shailendra Mudgal 3 and Benoit Tinetti 3
1. Basque Centre for Climate Change (BC3), 48009, Bilbao, Spain
2. University of Bath, 3East Claverton Down Road, Bath, BA27AY, UK
3. BIO Intelligence Service S.A.S, France
Energy Policy via Elsevier Science Direct www.ScienceDirect.com
Volume 37, Issue 12; December, 2009; Pages 5662-5674
