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How much do European households pay for green energy?
- Hannesson, Rögnvaldur
- Energy policy 2019 v.131 pp. 235-239
- carbon, carbon dioxide, electricity, energy, greenhouse gas emissions, households, prices, solar energy, wind power, Europe
- The price of electricity for European end users typically fell until development of wind and solar energy began, but has increased since then. We estimate the savings in CO2 emissions due to solar and wind energy and calculate what end users pay per tonne CO2, assuming that price increases since the introduction of solar and wind power are due to these types of energy. These payments are in most cases well above even high and unlikely estimates of the cost of carbon and in some cases several times as high.