The political drivers of renewable energies policies

This paper empirically analyzes how political factors affect the deployment of renewable energy (RE) sources and compares their explanatory power to that of other economic, energy and environmental drivers that have received greater attention in the literature so far. The sample encompasses the EU c...

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Bibliographic Details
Published inEnergy economics Vol. 56; pp. 261 - 269
Main Authors Cadoret, Isabelle, Padovano, Fabio
Format Journal Article
LanguageEnglish
Published Kidlington Elsevier B.V 01.05.2016
Elsevier Science Ltd
Elsevier
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Summary:This paper empirically analyzes how political factors affect the deployment of renewable energy (RE) sources and compares their explanatory power to that of other economic, energy and environmental drivers that have received greater attention in the literature so far. The sample encompasses the EU countries bound to attain the target of 20% share of gross final energy consumption by 2020. The panel data analysis shows that lobbying by the manufacturing industry negatively affects RE deployment, whereas standard measures of government quality show a positive effect; furthermore, left-wing parties promote the deployment of RE more than right-wing parties. •First empirical analysis of how political factors affect renewable energy deployment.•Lobbying by the manufacturing industry negatively affect RE deployment.•Better governance quality increase RE deployment.•Left-wing parties promote deployment of RE more than right-wing ones.•Political factors are a quantitatively important driver of RE deployment.
ISSN:0140-9883
1873-6181
DOI:10.1016/j.eneco.2016.03.003