Does Income Distribution Affect Energy Investments?

7 Pages Posted: 28 May 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: May 28, 2012

Abstract

New methods are needed to accelerate clean energy policy adoption. Financing barriers represent a notable obstacle for energy improvements, especially in those countries where most of the population belongs to the low-middle income range, thus facing financial constraints. A policy such as PACE – Property Assessed Clean Energy – provides up-front funds to residential property owners, allowing them to install electric and thermal solar systems and to make energy-efficiency improvements to their buildings. This article discusses the potential application of PACE to the Italian case study.

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

JEL Classification: Q42, Q55

Suggested Citation

Ameli, Nadia and Kammen, Daniel M., Does Income Distribution Affect Energy Investments? (May 28, 2012). Review of Environment, Energy and Economics (Re3), May 2012, Available at SSRN: https://ssrn.com/abstract=2068774 or http://dx.doi.org/10.2139/ssrn.2068774

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

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