气候变化领域集成服务门户(CCPortal): Climate policy and power producers: The distribution of pain and gain

CCPortal

DOI	10.1016/j.enpol.2019.111205
	Climate policy and power producers: The distribution of pain and gain
	Doda B.; Fankhauser S.
发表日期	2020
ISSN	0301-4215
英文摘要	Climate policies do not affect all power producers equally. In this paper, we evaluate the supply-side distributional consequences of emissions reduction policies using a simple and novel partial equilibrium model where production takes place in technology-specific sites. In a quantitative application hydro, wind and solar firms generate power combining capital and sites which differ in productivity. In contrast, the productivity levels of coal, gas and nuclear technologies are constant across sites. We parameterise the model to analyse the effects of stylised tax and subsidy schemes. Carbon pricing outperforms all other instruments and, crucially, leads to more equitable outcomes on the supply side. Technology-specific and uniform subsidies to carbon-free producers result in a greater welfare cost and their supply-side distributional impacts depend on how they are financed. Power consumption taxes have exceptionally high welfare costs and should not be the instrument of choice to reduce emissions or to finance subsidies aiming to reduce emissions. © 2020 The Authors
英文关键词	Carbon pricing; Climate policy; Renewable subsidies; Supply-side distributional implications
语种	英语
scopus关键词	Carbon; Emission control; Environmental protection; Productivity; Carbon pricing; Climate policy; Distributional consequences; Emissions reduction; Nuclear technology; Partial equilibrium model; Renewable subsidies; Supply sides; Costs
来源期刊	Energy policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/124962
作者单位	Grantham Research Institute & Centre for Climate Change Economics and Policy, London School of Economics and Political Science, Ireland
推荐引用方式 GB/T 7714	Doda B.,Fankhauser S.. Climate policy and power producers: The distribution of pain and gain[J],2020.
APA	Doda B.,&Fankhauser S..(2020).Climate policy and power producers: The distribution of pain and gain.Energy policy.
MLA	Doda B.,et al."Climate policy and power producers: The distribution of pain and gain".Energy policy (2020).