Article ID: | iaor20115889 |
Volume: | 39 |
Issue: | 7 |
Start Page Number: | 4007 |
End Page Number: | 4015 |
Publication Date: | Jul 2011 |
Journal: | Energy Policy |
Authors: | Leach Andrew, Doucet Joseph, Nickel Trevor |
Keywords: | economics, government, risk |
• We find that government policy may increase both project returns and risk. • We find a policy of capital grants combined with an output price support to be preferred. • Price supports alone will tend to reward those plants which need them the least.