In a free public seminar at 3:30 PM on November 5, in room 1115 of the Wisconsin Energy Institute, UW-Madison Assistant Professor of Agricultural and Applied Economics Sarah Johnston will discuss energy subsidy policy and renewable energy investment.

Abstract: Subsidies for clean energy investment are ubiquitous.  I discuss the economic rationale for these subsidies as well as how to best design them.  As an example, I discuss the design of the production tax credit, a large subsidy for investment in wind energy.  I present my research on two features of this subsidy and their impact on its effectiveness.  I close by discussing the current state of federal subsidies for wind and solar energy.

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