Incentives to Save Energy as a Top Priority

Abstract To address the distributional consequences of high inflation rates, measures are needed that target those most in need without distorting prices. The function of the price as scarcity signal is important to encourage energy saving. Direct price subsidies such as the fuel price rebate, on th...

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Main Author: Silke Übelmesser
Format: Article
Language:deu
Published: Sciendo 2022-09-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3251-z
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author Silke Übelmesser
author_facet Silke Übelmesser
author_sort Silke Übelmesser
collection DOAJ
description Abstract To address the distributional consequences of high inflation rates, measures are needed that target those most in need without distorting prices. The function of the price as scarcity signal is important to encourage energy saving. Direct price subsidies such as the fuel price rebate, on the contrary, are not helpful. In the medium term, supply-side measures are needed to overcome the bottlenecks in the supply chains. Other challenges, the impact of demographic change in particular, make this even more urgent. Sound public finances lead to greater resilience. Planning to reintroduce the debt brake is reasonable as the current distributional issues need to be solved within the current generation and not shifted to future ones.
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publishDate 2022-09-01
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spelling doaj-art-7f704a6b0b614bd6a30dfcadbf4eaa142025-02-02T03:50:25ZdeuSciendoWirtschaftsdienst1613-978X2022-09-01102858458610.1007/s10273-022-3251-zIncentives to Save Energy as a Top PrioritySilke Übelmesser0LS für AVWL/Finanzwissenschaft, Friedrich-Schiller-Universität JenaAbstract To address the distributional consequences of high inflation rates, measures are needed that target those most in need without distorting prices. The function of the price as scarcity signal is important to encourage energy saving. Direct price subsidies such as the fuel price rebate, on the contrary, are not helpful. In the medium term, supply-side measures are needed to overcome the bottlenecks in the supply chains. Other challenges, the impact of demographic change in particular, make this even more urgent. Sound public finances lead to greater resilience. Planning to reintroduce the debt brake is reasonable as the current distributional issues need to be solved within the current generation and not shifted to future ones.https://doi.org/10.1007/s10273-022-3251-z
spellingShingle Silke Übelmesser
Incentives to Save Energy as a Top Priority
Wirtschaftsdienst
title Incentives to Save Energy as a Top Priority
title_full Incentives to Save Energy as a Top Priority
title_fullStr Incentives to Save Energy as a Top Priority
title_full_unstemmed Incentives to Save Energy as a Top Priority
title_short Incentives to Save Energy as a Top Priority
title_sort incentives to save energy as a top priority
url https://doi.org/10.1007/s10273-022-3251-z
work_keys_str_mv AT silkeubelmesser incentivestosaveenergyasatoppriority