Drivers and Impacts of Renewable Portfolio Standards

Annual Review of Resource Economics, pp. 141-155, 2016.

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Keywords:
renewable energystate policyelectricitypolitical economy

Abstract:

Renewable Portfolio Standards (RPSs) are a key policy measure used by states in the United States to increase their production of renewable electricity. Economic theory shows that RPSs are not first-best policy measures for mitigating greenhouse gas emissions or solving other environmental problems. Nevertheless, they have been politicall...More

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