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

  • Jon Strand

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
Date of creation: 01 Dec 2007
Date of revision:
Handle: RePEc:imf:imfwpa:07/299
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  1. Wustenhagen, Rolf & Bilharz, Michael, 2006. "Green energy market development in Germany: effective public policy and emerging customer demand," Energy Policy, Elsevier, vol. 34(13), pages 1681-1696, September.
  2. Jon Strand, 2008. "Importer and Producer Petroleum Taxation; A Geo-Political Model," IMF Working Papers 08/35, International Monetary Fund.
  3. Jon Strand & Michael Keen, 2006. "Indirect Taxeson International Aviation," IMF Working Papers 06/124, International Monetary Fund.
  4. Gilbert E. Metcalf, 2006. "Federal Tax Policy Towards Energy," Discussion Papers Series, Department of Economics, Tufts University 0612, Department of Economics, Tufts University.
  5. Parry, Ian & Small, Kenneth, 2002. "Does Britain or the United States Have the Right Gasoline Tax?," Discussion Papers dp-02-12-, Resources For the Future.
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