The paper investigates the effectiveness and efficiency of energy-environmental policy interactions in Italy, adopting a broad optimality perspective that includes policy feasibility and dynamic efficiency. The analysis highlights that though some complementarity among different policies exists, climate policies have been often undermined by energy and renewables policy. Nevertheless, some complementarities among policy landscapes are found, as in the case of the Kyoto Fund (climate policy) and of the incentives and funding towards thermal energy, both acting as a complementary tool to cover non-EU-ETS sectors. Overall, renewables oriented policies bring about efficacy, but this often occurs at the expenses of their efficiency, thus generating a trade-off between these two components of optimality. Finally, incentives for renewables and energy efficiency investments give a mixed signal to improve innovation and to stimulate the green sector. In conclusion, notwithstanding efficacy is present in some cases, cost effectiveness and efficiency are far from being achieved.

Antonioli, D., Borghesi, S., D'Amato, A., Gilli, M., Mazzanti, M., Nicolli, F. (2014). Analysing the interactions of energy and climate policies in a broad policy ‘optimality’ framework: the Italian case study. JOURNAL OF INTEGRATIVE ENVIRONMENTAL SCIENCES, 1-205 [10.1080/1943815X.2014.962549].

Analysing the interactions of energy and climate policies in a broad policy ‘optimality’ framework: the Italian case study

D'AMATO, ALESSIO;
2014-01-01

Abstract

The paper investigates the effectiveness and efficiency of energy-environmental policy interactions in Italy, adopting a broad optimality perspective that includes policy feasibility and dynamic efficiency. The analysis highlights that though some complementarity among different policies exists, climate policies have been often undermined by energy and renewables policy. Nevertheless, some complementarities among policy landscapes are found, as in the case of the Kyoto Fund (climate policy) and of the incentives and funding towards thermal energy, both acting as a complementary tool to cover non-EU-ETS sectors. Overall, renewables oriented policies bring about efficacy, but this often occurs at the expenses of their efficiency, thus generating a trade-off between these two components of optimality. Finally, incentives for renewables and energy efficiency investments give a mixed signal to improve innovation and to stimulate the green sector. In conclusion, notwithstanding efficacy is present in some cases, cost effectiveness and efficiency are far from being achieved.
2014
Pubblicato
Rilevanza internazionale
Articolo
Esperti anonimi
Settore SECS-P/02 - POLITICA ECONOMICA
English
Con Impact Factor ISI
environmental policy; interactions; optimality; energy; carbon pricing
Progetto CECILIA 2050
Antonioli, D., Borghesi, S., D'Amato, A., Gilli, M., Mazzanti, M., Nicolli, F. (2014). Analysing the interactions of energy and climate policies in a broad policy ‘optimality’ framework: the Italian case study. JOURNAL OF INTEGRATIVE ENVIRONMENTAL SCIENCES, 1-205 [10.1080/1943815X.2014.962549].
Antonioli, D; Borghesi, S; D'Amato, A; Gilli, M; Mazzanti, M; Nicolli, F
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2108/99714
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