subsidies

New clean electricity production will be critical to bringing down household energy costs and meeting ambitious climate goals. In the UK wind power can play a much bigger role but expansion requires planning reforms and revenue sharing, writes Stephen Jarvis. Read more

This paper empirically evaluates the effectiveness of three main forms of subsidies: fiscal policy, preferential tax, and government procurement. Specifically, we pay attention to financing issues and use an event study approach to investigate how the capital market responds to these policies. Read more

Half (52%) of all carbon offsets awarded to Indian wind farms under the Clean Development Mechanism were given to projects that would very likely have been built anyway, finds new research published today (3 November 2021). Read more

In this paper the authors develop and implement a new method for identifying ‘wasted’ subsidies, and use it to provide systematic evidence on the misallocation of carbon offsets in the Clean Development Mechanism, the world’s largest carbon offset programme. Read more

To what extent are different energy sources subsidised around the world? Renewable energy comes from sources that are not depleted... Read more

To achieve the goals of the Paris Agreement, the use of fossil fuels must peak and then rapidly decline. This research investigates the impact of climate change policy on capital invested in fossil fuel power plants, especially coal - so-called ‘dirty’ assets. Read more

This paper provides responses to selected questions in the UK government's call for evidence on 'Building a market for energy efficiency'. Read more