Article ID Journal Published Year Pages File Type
7406979 Energy Policy 2012 13 Pages PDF
Abstract
► Current financial incentives for renewable energy in the US are inadequate. ► We introduce and structure a “carbon revenue bond” as an innovative financing tool. ► Stochastic models of environmental credit prices are used to illustrate bond pricing. ► Three examples illustrate revenue bond impact on initial cost of infrastructure.
Keywords
Related Topics
Physical Sciences and Engineering Energy Energy Engineering and Power Technology
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Financing renewable energy infrastructure: Formulation, pricing and impact of a carbon revenue bond
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