Tag: Energy

Climate Change, Carbon Pricing and Energy Tax Expenditures

| 6 October 2016
Fiscal, Blog | Tags: Carbon Pricing, Climate Change, Energy, Tax Expenditures
Climate change is moving up policy agendas worldwide. Last year’s COP21 was yet another wake-up call that the international community needs to take urgent action to reduce greenhouse gas (GHG) emissions. The main outcome of the meeting, the Paris Agreement, was a significant milestone in ... continue reading

Energy Subsidies – Widespread, Significant, and Largely Not Reaching the Poor

| 18 April 2016
Fiscal, Blog | Tags: Energy, Inequality, Subsidies
Energy subsidies are widespread and significant. In 2014, according to the IEA (2015), government support for global fossil fuel consumption amounted to 490 billion US$. An IMF working paper (Coady et al., 2015) reports even higher numbers. Distinguishing between subsidies before (pre) and after (post) ... continue reading

Looking for a Way out the Subsidies Labyrinth in Argentina

| 16 October 2015
Fiscal, Monetary, Blog | Tags: Energy, Inflation, Subsidies
In the midst of a heated electoral campaign, subsidies are at the centre of the political debate in Argentina. Shock or gradual approaches to reform those transfers have emerged as the buzzwords of the moment as the presidential race heats up. ... continue reading

Low Interest Rates: An Opportunity for Renewables

| 8 July 2015
Monetary, Blog | Tags: Energy, Interest Rates
Putting the economy on an environmentally sustainable path requires a serious shift into green technologies. Such a shift includes substantial investments in technologies that are based on renewable energy to produce electricity – referred to hereinafter as “green energy technologies”. Interest rates directly and significantly ... continue reading

The Impact of Interest Rates on Electricity Production Costs

| 25 June 2015
Monetary, Discussion Notes | Tags: Energy, Interest Rates
Putting the economy on an environmentally sustainable path requires substantial investments in green energy technologies. Long-term interest rates play a crucial role for energy investments. Against this background, we study the impact of interest rates on the costs of producing electricity with different technologies, using ... continue reading