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Energy Efficiency and Renewable Energy Supply for the G-7 Countries, With Emphasis on Germany

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Author Info
Jon Strand
Abstract

This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared to benefits, defined as reductions in net carbon emissions; technological innovation, and increased energy security. The latter part of the paper centers on Germany, the main European producer of non-traditional renewables. We question whether the level of subsidies can be justified, relative to other means to increase energy security and reduce carbon emissions. We also find an excessive emphasis on current productive activity, relative to development of new technologies.

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Paper provided by International Monetary Fund in its series IMF Working Papers with number 07/299.

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Length: 35 pages
Date of creation: 02 Jan 2008
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Handle: RePEc:imf:imfwpa:07/299

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Related research
Keywords: Energy ; Group of seven ; Germany ; Spain ; Energy policy ; Energy taxes ;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Michael Keen & Jon Strand, 2007. "Indirect Taxes on International Aviation," Fiscal Studies, Institute for Fiscal Studies, vol. 28(1), pages 1-41, 03. [Downloadable!] (restricted)
    Other versions:
  2. Gilbert E. Metcalf, 2006. "Federal Tax Policy Towards Energy," Discussion Papers Series, Department of Economics, Tufts University 0612, Department of Economics, Tufts University. [Downloadable!]
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  3. Ian W. H. Parry & Kenneth A. Small, 2005. "Does Britain or the United States Have the Right Gasoline Tax?," American Economic Review, American Economic Association, vol. 95(4), pages 1276-1289, September. [Downloadable!]
    Other versions:
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