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Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasison 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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Bibliographic Info

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

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Length: 35
Date of creation: 01 Dec 2007
Date of revision:
Handle: RePEc:imf:imfwpa:07/299

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Related research

Keywords: Energy; Group of seven; Energy policy; Energy taxes; renewables; renewable energy; carbon emissions; fossil fuels; energy efficiency; renewable energy sources; heat generation; solar power; energy production; emissions rights; energy technologies; wind power; wind energy; renewable energy technologies; electricity production; natural gas; transport sector; efficient energy; energy sector; climate change; carbon intensity; reducing carbon emissions; fossil fuel; allowance trading; wind turbines; emissions reductions; annual emissions; agricultural crops; renewable energy supply; carbon emissions reductions; power plants; generation capacity; climate exchange; offshore wind; emissions from energy use; energy mix; sustainable energy; energy conservation; domestic coal; small hydropower; oil equivalent; greenhouse gas; green energy; climate policy; total energy; emission trading; fossil fuel use; heating systems; air pollution; carbon sequestration; climate change policy; energy efficiency measures; carbon content; carbon emissions rights; climate protection; environmental externalities; fuel use; excess emissions; greenhouse gases; greenhouse gas emissions; abatement policies; energy use; heat pumps; renewable energy development; gas emissions; carbon abatement; cell technology; net carbon emissions; carbon taxes; electricity prices; global carbon emissions;

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References

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  1. Parry, Ian & Small, Kenneth, 2002. "Does Britain or the United States Have the Right Gasoline Tax?," Discussion Papers, Resources For the Future dp-02-12-, Resources For the Future.
  2. Jon Strand & Michael Keen, 2006. "Indirect Taxeson International Aviation," IMF Working Papers 06/124, International Monetary Fund.
  3. Gilbert E. Metcalf, 2006. "Federal Tax Policy Towards Energy," Discussion Papers Series, Department of Economics, Tufts University, Department of Economics, Tufts University 0612, Department of Economics, Tufts University.
  4. Jon Strand, 2008. "Importer and Producer Petroleum Taxation," IMF Working Papers 08/35, International Monetary Fund.
  5. Wustenhagen, Rolf & Bilharz, Michael, 2006. "Green energy market development in Germany: effective public policy and emerging customer demand," Energy Policy, Elsevier, Elsevier, vol. 34(13), pages 1681-1696, September.
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Cited by:
  1. Nepal, Rabindra, 2011. "The roles and potentials of renewable energy in less-developed economies," MPRA Paper 31878, University Library of Munich, Germany, revised 29 Jun 2011.

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