Renewable energy targets in the context of the EU ETS : whom do they benefit exactly?


Landis, Florian ; Heindl, Peter


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URL: https://ub-madoc.bib.uni-mannheim.de/40898
URN: urn:nbn:de:bsz:180-madoc-408981
Document Type: Working paper
Year of publication: 2016
The title of a journal, publication series: ZEW Discussion Papers
Volume: 16-026
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: H23 , Q52 , Q54,
Keywords (English): Distributional effects , EU climate policy , renewable energy target
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 effciency 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.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Landis, Florian ; Heindl, Peter (2016) Renewable energy targets in the context of the EU ETS : whom do they benefit exactly? Open Access ZEW Discussion Papers Mannheim 16-026 [Working paper]
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