Are tradable green certificates a cost-efficient policy driving technical change or a rent-generating machine ? Lessons from Sweden 2003-2008

Abstract

In the European policy debate, tradable green certificates (TGC) have been suggested to be a superior regulatory framework for promoting the diffusion of renewable electricity technologies. The purpose of this paper is to assess the performance of the Swedish TGC system, contributing to the European debate on the suitability of different types of frameworks… (More)

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