TARA: Greener Homes: An Ex-Post Estimate of the Cost of Carbon Dioxide Emission Reduction using Administrative Micro-Data from the Republic of Ireland

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Please use this identifier to cite or link to this item: http://hdl.handle.net/2262/56171

Title:	Greener Homes: An Ex-Post Estimate of the Cost of Carbon Dioxide Emission Reduction using Administrative Micro-Data from the Republic of Ireland
Author:	LEAHY, EIMEAR TOL, RICHARD S. J.
Author's Homepage:	http://people.tcd.ie/tolr http://people.tcd.ie/eileahy
Keywords:	cost Republic of Ireland Policy Ireland economics
Issue Date:	2011
Publisher:	ESRI
Citation:	Leahy,Eimear; Tol,Richard S.J., Greener Homes: An Ex-Post Estimate of the Cost of Carbon Dioxide Emission Reduction using Administrative Micro-Data from the Republic of Ireland, 2011
Series/Report no.:	ESRI Working Paper;388
Abstract:	We assess the subsidy for the installation of biomass boilers and wood gasification boilers under the Greener Homes Scheme in Ireland. We find that the (implicit) subsidy per tonne of carbon dioxide avoided varies hugely across households. The current policy costs 17% too much for the emissions avoided, or avoids 17% too few emissions for the money spent. The subsidy reduces welfare (including environmental benefits) by 42%.
Description:	PUBLISHED
URI:	http://hdl.handle.net/2262/56171
Appears in Collections:	Economics (Scholarly Publications)

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