Greener Homes: An Ex-Post Estimate of the Cost of Carbon Dioxide Emission Reduction using Administrative Micro-Data from the Republic of Ireland
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 few emissions for the money spent. The subsidy reduces welfare (including environmental benefits) by 42%.
|Date of creation:||2011|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (353-1) 863 2000
Fax: (353-1) 863 2100
Web page: http://www.esri.ie
More information through EDIRC
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.:
- Gilbert E. Metcalf, 2009.
"Tax Policies for Low-Carbon Technologies,"
NBER Working Papers
15054, National Bureau of Economic Research, Inc.
- Gilbert Metcalf, 2009. "Tax Policies for Low-Carbon Technologies," Discussion Papers Series, Department of Economics, Tufts University 0733, Department of Economics, Tufts University.
- Jenkins, D.P., 2010. "The value of retrofitting carbon-saving measures into fuel poor social housing," Energy Policy, Elsevier, vol. 38(2), pages 832-839, February.
- Mills, Bradford F. & Schleich, Joachim, 2009. "Profits or preferences? Assessing the adoption of residential solar thermal technologies," Energy Policy, Elsevier, vol. 37(10), pages 4145-4154, October.
- Mustafa H. Babiker & Gilbert E. Metcalf & John Reilly, 2002.
"Tax Distortions and Global Climate Policy,"
Discussion Papers Series, Department of Economics, Tufts University
0211, Department of Economics, Tufts University.
- Scott, S., 1997. "Household energy efficiency in Ireland: A replication study of ownership of energy saving items," Energy Economics, Elsevier, vol. 19(2), pages 187-208, May.
- Wasi, Nada & Carson, Richard T., 2011.
"The Influence of Rebate Programs on the Demand for Water Heaters: The Case of New South Wales,"
2011 Conference (55th), February 8-11, 2011, Melbourne, Australia
100731, Australian Agricultural and Resource Economics Society.
- Wasi, Nada & Carson, Richard T., 2013. "The influence of rebate programs on the demand for water heaters: The case of New South Wales," Energy Economics, Elsevier, vol. 40(C), pages 645-656.
- Baumol, William J, 1972. "On Taxation and the Control of Externalities," American Economic Review, American Economic Association, vol. 62(3), pages 307-22, June.
- Clinch, J. Peter & Healy, John D., 2001. "Cost-benefit analysis of domestic energy efficiency," Energy Policy, Elsevier, vol. 29(2), pages 113-124, January.
- Richard S. J. Tol, 2009. "The Economic Effects of Climate Change," Journal of Economic Perspectives, American Economic Association, vol. 23(2), pages 29-51, Spring.
- Leahy, Eimear & Lyons, Seán, 2009.
"Energy Use and Appliance Ownership in Ireland,"
WP277, Economic and Social Research Institute (ESRI).
- Joe O'Doherty & Seán Lyons & Richard S. J. Tol, 2007.
"Energy-Using Appliances and Energy-Saving Features: Determinants of Ownership in Ireland,"
WP219, Economic and Social Research Institute (ESRI).
- O'Doherty, Joe & Lyons, Sean & Tol, Richard S.J., 2008. "Energy-using appliances and energy-saving features: Determinants of ownership in Ireland," Applied Energy, Elsevier, vol. 85(7), pages 650-662, July.
- Amstalden, Roger W. & Kost, Michael & Nathani, Carsten & Imboden, Dieter M., 2007. "Economic potential of energy-efficient retrofitting in the Swiss residential building sector: The effects of policy instruments and energy price expectations," Energy Policy, Elsevier, vol. 35(3), pages 1819-1829, March.
- FitzGerald, John & Bergin, Adele & Conefrey, Thomas & Diffney, Sean & Duffy, David & Kearney, Ide & Lyons, Sean & Malaguzzi Valeri, Laura & Mayor, Karen & Richard S. J. Tol, 2008. "Medium-Term Review 2008-2015, No. 11," Forecasting Report, Economic and Social Research Institute (ESRI), number MTR11, December.
When requesting a correction, please mention this item's handle: RePEc:esr:wpaper:wp388. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sarah Burns)
If references are entirely missing, you can add them using this form.