Greener homes: an ex-post estimate of the cost of carbon dioxide emission reduction using administrative micro-data from the Republic of Ireland

Environmental Economics and Policy Studies - Tập 14 - Trang 219-239 - 2012
Eimear Leahy1, Richard S. J. Tol2,3,4
1Fiscal Council, Dublin 2, Ireland
2Department of Economics, University of Sussex, Falmer, UK
3Institute for Environmental Studies, Vrije Universiteit, Amsterdam, the Netherlands
4Department of Spatial Economics, Vrije Universiteit, Amsterdam, The Netherlands

Tóm tắt

We assess the subsidy for the installation of biomass boilers and wood gasification boilers under the Greener Homes Scheme in Ireland. We find that the (implicit) subsidy per tonne of carbon dioxide avoided varies hugely across households. The current policy costs 17 % too much for the emissions avoided, or avoids 17 % too little for the money spent. The subsidy reduces net social gain (including environmental benefits but excluding producer surplus) by 42 %.

Tài liệu tham khảo

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