We examine the welfare effects of removing explicit and implicit fossil fuel subsidies, the latter entailing Pigouvian pricing of local externalities from fossil energy consumption. We map a multi-region,…
Many governments still help to keep fossil fuels cheap – sometimes by directly paying part of the supply cost (explicit subsidies), and at other times by not including the hidden costs of pollution and health…
Sustainability is becoming increasingly important for the economy – in many areas it is emerging as a decisive factor. But how can the green transition succeed and how can environmental goals be implemented…
We study Germany’s photovoltaic (PV) subsidy program, estimating a dynamic model of new technology adoption which accounts for heterogeneity in residential ownership structures. We find that homeowner and…
For investors, the decision to install photovoltaic (PV) systems largely depends on whether the investment proves worthwhile. Subsidies play an important role in this context. Currently, the German subsidy…
Contributions to Edited Volumes and Conference Proceedings
//
2025
Many European companies face the challenge of lowering CO2 emissions from their company car fleets. A promising lever is to increase the notoriously low electric usage of Plug-in Hybrid Electric Vehicles…