Leahy, Eimear and Tol, Richard S.J. (2011) Greener Homes: An Ex-Post Estimate of the Cost of Carbon Dioxide Emission Reduction using Administrative Micro-Data from the Republic of Ireland. ESRI WP388. May 2011. [Working Paper]
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Abstract
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%.
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| Item Type: | Working Paper |
|---|---|
| Subjects for non-EU documents: | EU policies and themes > Policies & related activities > energy policy (Including international arena) EU policies and themes > Policies & related activities > environmental policy (including international arena) Countries > Ireland |
| Subjects for EU documents: | UNSPECIFIED |
| EU Series and Periodicals: | UNSPECIFIED |
| EU Annual Reports: | UNSPECIFIED |
| Series: | Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Working Papers |
| Depositing User: | Alyssa McDonald |
| Official EU Document: | No |
| Language: | English |
| Date Deposited: | 20 Jun 2017 09:07 |
| Number of Pages: | 28 |
| Last Modified: | 24 Sep 2018 13:31 |
| URI: | http://aei.pitt.edu/id/eprint/87927 |
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