The Linkage between Income Distribution and Clean Energy Investments: Addressing Financing Cost

16 Pages Posted: 23 Mar 2012

See all articles by Nadia Ameli

Nadia Ameli

Fondazione Eni Enrico Mattei (FEEM)

Daniel M. Kammen

University of California, Berkeley - The Richard & Rhoda Goldman School of Public Policy

Date Written: March 23, 2012

Abstract

With a focus on alternative methods for accelerating clean energy policy adoption, this study introduces an innovative financing scheme for renewable and energy efficiency deployment. Financing barriers represent a notable obstacle for energy improvements and this is particularly the case for low-income households. Limited access to credit, due to socio-economic status and the lack of guarantees, are key issues related to financing barriers. Implementing a policy such as PACE – Property Assessed Clean Energy – allows for the provision of up-front funds for residential property owners to install electric and thermal solar systems and make energy-efficiency improvements to their buildings. This paper will inform the design of better policies tailored to the creation of the appropriate conditions for such investments to occur, especially when the lack of access to capital tends to stall them.

Keywords: Financing Barriers, Energy Efficiency, Solar PV, Energy Investments

JEL Classification: Q42, Q55

Suggested Citation

Ameli, Nadia and Kammen, Daniel M., The Linkage between Income Distribution and Clean Energy Investments: Addressing Financing Cost (March 23, 2012). FEEM Working Paper No. 10.2012, Available at SSRN: https://ssrn.com/abstract=2027821 or http://dx.doi.org/10.2139/ssrn.2027821

Nadia Ameli (Contact Author)

Fondazione Eni Enrico Mattei (FEEM) ( email )

C.so Magenta 63
Milano, 20123
Italy

Daniel M. Kammen

University of California, Berkeley - The Richard & Rhoda Goldman School of Public Policy ( email )

2607 Hearst Avenue
Berkeley, CA 94720-7320
United States

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
61
Abstract Views
634
rank
384,709
PlumX Metrics