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There is a high cost to using subsidies to promote renewable energy to mitigate climate change

Cullen, Joseph (2013) There is a high cost to using subsidies to promote renewable energy to mitigate climate change. LSE American Politics and Policy (20 Dec 2013). Blog Entry.

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Abstract

With the threat posed by climate change becoming more and more apparent, many are pushing for greater use of more sustainable energy sources, such as wind power. While these ‘green’ energy sources can attract generous subsidies from government, can this investment be justified in comparison to their reductions of greenhouse gas emissions? Joseph Cullen takes an in-depth look at the cost of wind power, compared with the value of emissions avoided. He finds that given the current social cost of carbon, subsidies are not the most cost-efficient way to mitigate climate change.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2013 The Author; Online
Divisions: LSE
Subjects: E History America > E11 America (General)
G Geography. Anthropology. Recreation > GE Environmental Sciences
H Social Sciences > H Social Sciences (General)
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 29 Jul 2014 13:25
Last Modified: 18 Jul 2019 23:18
URI: http://eprints.lse.ac.uk/id/eprint/58435

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