Environmental policies and energy efficiency investments. An industry-level analysis
Energy efficiency is considered a very cost-effective way to mitigate air emissions and improve the economic performance of manufacturing industries. Many countries have implemented measures to increase energy efficiency in industry. These measures include command-and-control and market-based interv...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Estado: | Versión aceptada para publicación |
| Fecha de publicación: | 2021 |
| País: | España |
| Institución: | Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
| Repositorio: | Recercat. Dipósit de la Recerca de Catalunya |
| OAI Identifier: | oai:recercat.cat:2445/179914 |
| Acceso en línea: | https://hdl.handle.net/2445/179914 |
| Access Level: | acceso abierto |
| Palabra clave: | Política energètica Eficiència industrial Canvi climàtic Energy policy Industrial efficiency Climatic change |
| Sumario: | Energy efficiency is considered a very cost-effective way to mitigate air emissions and improve the economic performance of manufacturing industries. Many countries have implemented measures to increase energy efficiency in industry. These measures include command-and-control and market-based interventions, and they may be specific to a particular firm or sector. Although these policies may have benefits, the results of the empirical analyses of the effects of these interventions on the adoption of energy-saving technologies are not conclusive. The main objective of this paper is to examine the role of different environmental policy measures on energy efficiency investment. We construct a database from several sources for Spanish industries for the period 2010-2017. This gives us information on a broad range of factors and policy instruments that may drive energy efficiency investments. We consider four different instruments: regulation, taxes, subsidies, and tax credits. |
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