Evaluating Policies to Increase Electricity Generation from Renewable Energy

  title={Evaluating Policies to Increase Electricity Generation from Renewable Energy},
  author={Richard L. Schmalensee},
Building on a review of experience in the United States and the European Union, this article advances four main propositions concerning policies aimed at increasing electricity generation from renewable energy. First, who bears the short-run costs of programs to subsidize the generation of electricity from renewable sources varies with the organization of the electric power industry, and this variation may be a significant contributor to such programs’ political attractiveness in U.S. states… CONTINUE READING
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