 Support for Renewable Energy: The Case of Wind PowerRobert Germeshausen, Sven Heim and Ulrich Wagner No 17603, CEPR Discussion Papers from Centre for Economic Policy Research Abstract: Successful decarbonization requires strong growth in renewable electricity capacity. Citizens’ support for this is crucial given that these technologies emit negative externalities locally. We estimate the impact of wind turbine deployment on granular measures of revealed preferences for renewable electricity in product and political markets. We address potentially endogenous siting of turbines with an IV design that exploits quasi-experimental variation in profitability. We find that wind turbines significantly reduce citizens’ support locally, but this effect quickly fades with distance from the site. We discuss recent policy proposal for enhancing citizens’ support for renewable energy in light of our results. Keywords: Elections; Externalities; Revealed preference; Renewable energy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:17603 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK. |
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