Study of the Effects on Employment of Public Aid to Renewable Energy Sources by Gabriel Calzada Álvarez, Raquel Merino Jara, Juan Ramón Rallo Julián, and José Ignacio García Bielsa In this paper, the authors examine Spain's efforts to create «green jobs»
through subsidies for renewable energy.
Not exact matches
Last year, Congress in a show of bipartisan support agreed to extend the federal
subsidies responsible
for the
renewable energy boom
through the end of the decade.
FITs are
subsidies for small - scale
renewable electricity generation, paid
for by ordinary households
through their energy bills.
This means it covers the direct cost of low - carbon
subsidies, energy efficiency and carbon taxes, as well as indirect costs due to strengthening grids, backing up intermittent
renewables, compensating conventional generation
for lost revenue
through the capacity market and savings due to the merit - order effect, which pushes down wholesale electricity prices.
But if the main effort to cut emissions is
through subsidies for chic
renewables like wind and solar power, virtually no good will be achieved — at very high cost.
Savings from reduced consumer and producer
subsidies can be used
for large ‐ scale
renewables, energy efficiency and public transport systems, and, in developing countries, toward the rural poor,
through for instance cleaner cooking and lighting such as distributed
renewables and clean cook stoves.
Grameen Shakti,
for example, is a rural - based
renewable energy company in Bangladesh that was able to provide loans to customers at preferential rates
through loan
subsidies provided by the Bangladesh Infrastructure Development Company.
Instead of trying to keep energy bills down (so that everyone can afford airconditioning or heating, according to need; and so that the economy can grow, bringing work and prosperity), we've driven them up artificially
through carbon taxes and
renewables subsidies for all those useless bat - chomping, bird - slicing eco-crucifixes destroying our countryside.
But anyone who argues
for the support of
renewable energy
through subsidies has surely lost the right to complain about
subsidies for nuclear.