“…Zuluaga and Dyner (2007) study the effect of fiscal policies on the penetration of wind farms in Colombia. Also, Dyner, Franco, and Cardenas (2013) analyse the effect of internalising the emission of fossil fuel generators through a carbon tax. Finally, other more global models such as FREE (Feedback-Rich Energy-Economy climate model) incorporate the oil, gas, climate change dynamics and a carbon tax policy (Fiddaman, 1997); and the one by Sterman et al (2012), grounded on economic-energy-environment simulations, considers long-term impacts on global greenhouse gas emissions.…”