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|Publication type:||Article in scientific journal|
|Type of review:||Peer review (publication)|
|Title:||Renewable energy targets in the context of the EU ETS : whom do they benefit exactly?|
|Published in:||The Energy Journal|
|Publisher / Ed. Institution:||IAEE|
|Subjects:||EU climate policy; Policy interaction; Renewable energy target; Distributional effect|
|Subject (DDC):||333.79: Energy|
|Abstract:||We study how European climate and energy policy targets affect different member states and households of different income quintiles within the member states. We find that renewable energy targets in power generation, by reducing eu ets permit prices, may make net permit exporters worse off and net permit importers better off. This effect appears to dominate the efficiency cost of increasing the share of energy provided by renewable energy sources in the countries that adopt such targets. While an increase in prices for energy commodities, which is entailed by the policies in question, affects households in low income quintiles the most, recycling revenues from climate policy allows governments to compensate them for the losses. If renewable targets reduce the revenues from ets permit auctions, member states with large allocations of auctionable permits will lose some of the ability to do so.|
|Fulltext version:||Published version|
|License (according to publishing contract):||Licence according to publishing contract|
|Departement:||School of Management and Law|
|Appears in collections:||Publikationen School of Management and Law|
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|2019_Landis-Heindl_Renewable-Energy-Targets_EnergyJournal.pdf||3.19 MB||Adobe PDF|
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Landis, F., & Heindl, P. (2019). Renewable energy targets in the context of the EU ETS : whom do they benefit exactly? The Energy Journal, 40(6), 129–169. https://doi.org/10.5547/01956574.40.6.flan
Landis, F. and Heindl, P. (2019) ‘Renewable energy targets in the context of the EU ETS : whom do they benefit exactly?’, The Energy Journal, 40(6), pp. 129–169. Available at: https://doi.org/10.5547/01956574.40.6.flan.
F. Landis and P. Heindl, “Renewable energy targets in the context of the EU ETS : whom do they benefit exactly?,” The Energy Journal, vol. 40, no. 6, pp. 129–169, 2019, doi: 10.5547/01956574.40.6.flan.
Landis, Florian, and Peter Heindl. “Renewable Energy Targets in the Context of the EU ETS : Whom Do They Benefit Exactly?” The Energy Journal, vol. 40, no. 6, 2019, pp. 129–69, https://doi.org/10.5547/01956574.40.6.flan.
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