The effect of guaranteed prices for green certificates on technology adoption : solar photovoltaic panels in Belgium

There is rising concern about the adverse implications of climate change on ecosystems and human livelihoods. This concern has led to a growing emphasis on enhancing the generation of renewable energy as a means to foster sustainability in societies. As part of this endeavor, governments around the world have tried to promote the adoption of renewable energy through different policy instruments. Countries, such as Belgium, have implemented a market for green tradable certificates. Additionally, regional authorities in the country have introduced guaranteed prices for certificates awarded to ho... Mehr ...