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Efficiency and Equity Impacts of Energy Subsidies

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NBER2021-01-01 更新2025-01-04 收录
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Economic theory suggests that energy subsidies can lead to excessive consumption and environmental degradation. However, the precise impact of energy subsidies is not well understood. We analyze a large energy subsidy: the California Alternate Rates for Energy (CARE). CARE provides a price reduction

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2021-01-01
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