Domestic Content Requirements and Renewable Energy Legislation
29 Pages Posted: 16 Aug 2012
Date Written: June 11, 2011
Abstract
Several jurisdictions have tied support for renewably generated electricity to local content requirements. This paper examines the economic impact of such policies using an analytical and numerical partial equilibrium model. We find that in the short-run, local content requirements can reduce the total number 'green jobs' associated with manufacturing and generation of renewable electricity.
Keywords: renewable energy, policy, local content, domestic content
JEL Classification: Q42
Suggested Citation: Suggested Citation
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