Does Income Distribution Affect Energy Investments?

Nadia Ameli and Daniel M. Kammen
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Nadia Ameli: Fondazione Eni Enrico Mattei
Daniel M. Kammen: University of California, Berkeley

Review of Environment, Energy and Economics - Re3, 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 (search for similar items in EconPapers)
JEL-codes: Q42 Q55 (search for similar items in EconPapers)
Date: 2012
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