Coordination of carbon reduction and renewable energy support policies

摘要: The European Union is currently pursuing ambitious objectives regarding carbon emissions reductions and renewable energy deployment (renewable support, RES), as part of a comprehensive policy effort. However, significant interactions may arise between the instruments used (Emissions Trading Scheme RES-specific measures), such double-counting incentives or geographical overlapping. This article examines these using analytical simulation research offers some recommendations. major conclusions are that both required in order to meet objectives, their use combination be advantageous consumer costs. they must carefully coordinated, since allowance price incorporated into RES certificate price. will produce reduction strength signal, also different distribution cost policies. In addition, each needs...